+ Reply to Thread
Results 1 to 5 of 5
Thread: Credit Card Debt
- 03-12-2009 08:06 PM #1
Member
- Join Date
- Aug 2007
- Posts
- 45
- Rep Power
- 0
Credit Card Debt
Do you have a considerable amount of credit card debt? Many times people are unaware that you can lower your credit card interest rates simply by calling and asking your credit card company. If you tend to carry a high balance each month it can really save you money lowering your rate. Even if your rate is only lowered a few percentage points I highly recommend making the call.
I see too many people these days with huge interest rates of 18% plus and it is sad they don't realize that they are probably capable of receiving much lower rates.
Give it a try today, call your company and see if they can lower your rate for you. A 10 minute call can potentially save your thousands of $ in interest.
- 06-15-2009 05:28 PM #2
Junior Member
- Join Date
- Jun 2009
- Posts
- 2
- Rep Power
- 0
Credit card debt is one of the biggest problems most people face when trying to get a handle on their finances. Credit cards make it easy to spend more money than you have, and then the crippling interest rates and fees make it seem impossible to get out from under.
- 06-20-2009 01:12 PM #3
Member
- Join Date
- May 2009
- Posts
- 44
- Rep Power
- 0
i have called all my credit cards and lowered the interest rates on all of them. the credit card company will work with you.
- 07-21-2009 08:37 AM #4
Junior Member
- Join Date
- Mar 2009
- Posts
- 1
- Rep Power
- 0
I came to know that credit card companies dont have recovery power...is that true?
- 11-13-2009 06:58 AM #5
Junior Member
- Join Date
- Nov 2009
- Posts
- 4
- Rep Power
- 0
Credit Card Debt
Transfer your current credit card balance to an interest free card. This usually gives 9 months to pay off. Make paying off the debt your main priority above everything else. If you have balance at the end of the 9 months on the said card, transfer to another of the same free interest.By the way the credit card should not be used for any more purchases whatever. The sole purpose is to pay over all monies owing.



LinkBack URL
About LinkBacks



Reply With Quote
Bookmarks