Personal Finance « Credit Cards – pay off interest rates

October 25, 2010

What to do when cant pay off credit cards?

Filed under: Personal Finance — admin @ 7:14 pm

J J asked:

I payed on time. I spoke to them over the phone they are no help. The APR’s are outrageous 20% 15%. What can you do if you cant pay off the credit cards? The company’s raised the APR’s it gets difficult to pay all of it off. What can I do? And what will I expect?

Ashley

Comments (4)

August 24, 2010

What are my options when trying to pay off 2 credit cards?

Filed under: Personal Finance — Tags: Credit Card, Credit Cards, Options — admin @ 4:50 pm

sal asked:

I have two credit card with a high balance that both have a limit of $5000

1. Balance is 4800 with interest of 27.99
2. Balance of 5100 with interest of 26.99

I have 5200 this month to pay on those credit cards, how can I use then wisely?

Roland

Comments (3)

August 7, 2010

What is the best way to pay off high interest credit cards?

Filed under: Personal Finance — Tags: High Interest Credit Cards, Interest Credit Cards, Interest Rate — admin @ 6:49 am

Ann asked:

I try to pay over the minimum but all I seem to get is a higher interest rate or my credit line cut. I have not been using those cards for months. I try to keep my use to minimum with one since I have been trying to get out of debt. I feel stuck!!! Anyone have ideas?

Sandra

Comments (8)

July 19, 2010

What is the quickest way to pay off the majority of these credit cards in three months?

Filed under: Personal Finance — Tags: Credit Cards, Due Dates, New Year, Three Months — admin @ 11:33 am

Liz asked:

I have three credit cards. Total, I owe $1275.94 on all three. I would like to pay off at least $637.97 off before the new year starts. I can only make $250 payments each time, and I can only do that once a month. They all have due dates at the beginning of the month.

Breakdown of the cards:
1) $500
2) $435.05
3) $340.89

Any help would be greatly appreciated, thank you.

Claudia

Comments (1)

July 4, 2010

Can anyone explain why credit cards are used for ID rather than Debit cards?

Filed under: Personal Finance — Tags: Credit Card Details, Credit Cards, Debit Card, Debit Cards, Id Cards, Keen, Personal Cheque, Tho — admin @ 3:00 pm

Phillip I asked:

Recently trying to make a purchase on the net I was asked for credit card details tho I said I would pay by personal cheque. I only have a debit card as I am not keen on credit cards.

Yolanda

Comments (2)

June 25, 2010

Am I able to remove joint credit cards from my credit report if I had no access to them?

Filed under: Personal Finance — Tags: Bankruptcy, Cards Credit, Contact, Credit Card Companies, Credit Cards, Credit Report, Fear, Mom — admin @ 10:49 am

Dora asked:

My mom has two joint credit cards with me that I never had access to. They are on my credit report, and together they have a $8,000+ balance. I fear that she might file for bankruptcy in the upcoming months. Am I able to request that those cards be taken off my report? Do I have to contact the credit card companies as well?

Edith

Comments (2)

June 17, 2010

What happens besides getting bad credit if you don’t pay your credit cards?

Filed under: Personal Finance — Tags: Bad Credit, Credit Cards, Job, Lost, Minimum Payment — admin @ 5:50 am

4urinfo asked:

I just lost my job and I have no savings at all. I’ve been paying the minimum payment for my credit cards but now I can’t no more. I’ve always been responsible with my bills but I came to this that I have no job and don’t know what to do. Just wondering besides getting bad credit what else can happen. Thank you.

Willie

Comments (17)

June 5, 2010

What is the best way to close my credit cards that I don’t use anymore?

Filed under: Personal Finance — Tags: Credit Cards, Credit History, Credit Score, Score Number — admin @ 4:12 am

Betty asked:

I have a good credit score number, however, too many open credit cards with good history. Does it matter if I just close them? And what is the best way to close them?

Scott

Comments (6)

June 2, 2010

How can I get my husband to stop using credit cards?

Filed under: Personal Finance — Tags: Budgets, Car Repairs, Clothes, Emergencies, Gas Food, Monthly Budget, Using Credit Cards — admin @ 12:28 am

KC asked:

Before I got married, I NEVER used my credit cards. I had them strictly for emergencies only. My husband has always used credit cards to buy everything. He has never been good with budgets. He uses his cards for gas, food, clothes, car repairs, everything. If we are running low on cash at the end of the pay period and want to go to a movie or dinner, his solution is to put it on the card. My solution is to not go. I have tried to explain that this is hurting us financially. I have showed him the bills, the miniumum payment due, our monthly budget. Nothing seems to work. I can’t cut up his cards or take them away from him. Any suggestions???

Loretta

Comments (11)

May 11, 2010

I have 4 credit cards equaling $15000 and my credit isn’t the best. What is the best way to consildate?

Filed under: Personal Finance — Tags: Balance Transfers, Cards Credit, Credit Cards With 0 Apr, Credit Rating, Enough Money, Interest Rates — admin @ 5:16 am

Thomas Z asked:

I have tried to go with other credit cards with 0% APR or lower interest rates on balance transfers, but with my credit rating, I cant get accepted with a high enough balance. I make decent enough money to keep paying these, but Im getting married in a month and I need to start lowering my bills. I just want all of these on one bill or one card with lower interest. Where do I go to get this worked out? Thank you for the help!

Shawn

Comments (3)

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