Personal Finance « Credit Cards – pay off interest rates

August 27, 2009

Can you contact your credit cards and ask for a better interest rate?

Filed under: Personal Finance — Tags: Contact, Credit Cards, Credit Score, High Interest Rate — admin @ 4:04 am

Cookie On My Mind asked:

We’ve been paying our bills on time for the past few months and have raised our credit score a great deal. Can I call the cards that have a high interest rate and see if they can lower them? Or will they not do that? Thanks.

KURT

Comments (7)

January 7, 2009

Is it better to have thousands dollars of debt in student loans or on a credit card?

Filed under: Personal Finance — Tags: Credit Card Balance, Debt Loans, Smart, Stafford Loan, Student Loans — admin @ 6:05 pm

NELA asked:

I accepted a greater amount of a loan that I actually needed for school to pay off my credit card balance which was near the limit. Was that a smart thing to do? or not?
It was the Stafford loan if that makes a difference.

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January 2, 2009

Should I put my student loans in forbearance to pay off credit card debt?

Filed under: Personal Finance — Tags: 3 Years, Credit Card Debt, Credit Debt, Debt Loans, Forbearance, Student Loans — admin @ 7:32 am

everyday262003 asked:

I have $40,000 in credit card debt. I can put my student loans in forbearance for 3 years. Should I do this to pay off my credit card debt?

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December 11, 2008

Where can I find a list of companies/ lenders that offer loans to people w/ bad credit?

Filed under: Personal Finance — Tags: Bad Credit, Direct Lenders, Feedback, Loans, People — admin @ 5:28 am

Shaneka D asked:

I have Googled, I have ASKed, I have called. I had no luck. I am looking for companies that offer loans to people (like me) with bad credit. Please do not send refferal service which charges fees and provides no loan results. I’ve already been scammed. I prefer direct lenders/companies. All feedback is appreciate it. Please do not answer the question, if you do not know the answer. Thank you!

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November 9, 2008

Consolidate private student loans on lower interest credit card?

Filed under: Personal Finance — Tags: Balance Transfer, Consolidate Loans, Consolidated Payment, Consumer Credit, Consumer Debt, Consumer Report, Credit Cards, Credit Report, Credit Score, Education Debt, Interest Credit Card, Money, Private Loans, Private Student Loans, Variable Rate — admin @ 2:29 pm

curious126 asked:

Here’s the situation: I have about $30,000 (of $114,000 total) in 3 student loans at 7.5% (variable rate). These loans are private and that’s why I could not consolidate them. I have a balance transfer offer for 4.99% until paid off on one of my credit cards and am tempted to transfer as much of the 30,000 as i can to that card. I don’t use this particular credit card for anything else, so this would be the only balance on this card My concern is that this will show up as consumer debt on my credit report as opposed to education debt. Anyone know what kind of impact this will have on my credit score? Worth the saved money in interest and consolidated payment? Any other advice or commentary?

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October 22, 2008

Anyone know of a lender who gives loans to people with bad credit?

Filed under: Personal Finance — Tags: Credit Rating, Debts, Financial Group, Loans, Money, People With Bad Credit, People With Bad Or No Credit, Several Times, Wilmer — admin @ 8:04 am

babyfrogdaddy asked:

I’m trying to pay off some debts and get a better credit rating. I’ve been contacted several times by a Wilmer Financial Group who says I can get a loan if I pay them some money up front. I know they’re a scam, but to people with bad or no credit they sound like a good deal.

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September 12, 2008

Is there any loans that do not require credit checks or a banking account?

Filed under: Personal Finance — Tags: Bad Credit, Banking Account, Credit Checks, Loans — admin @ 4:17 am

mikekristenstone asked:

I want to take a loan out but i have bad credit and i do not have a banking account.

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August 31, 2008

Are there unsecured personal loans out there for people with bad credit?

Filed under: Personal Finance — Tags: People With Bad Credit, Unsecured Loans, Unsecured Personal Loans — admin @ 12:02 pm

Deidre J asked:

I am tryingto pay off my truck. I only owe 10,000 on it. What I want to know is if there are loans out there for people with bad credit?

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August 28, 2008

Closing credit cards with a balance left on them to pay them off?

Filed under: Personal Finance — Tags: Advice, Bad Credit, Credit Cards, Credit Score, New Years Resolution — admin @ 8:33 pm

Yahoo Answerer asked:

I want to make a new years resolution to pay off my credit cards, and I want to close them out to make sure I don’t get tempted to use them. Will that look bad on my credit score if I close them out, when they still have a balance? Also, do they carge extra for doing that? Thanks for ANY advice on this!

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July 14, 2008

How many Credit Cards should I have open at one time?

Filed under: Personal Finance — Tags: Circumstances, Couple Questions, Credit Accounts, Credit Cards, Credit Report, Credit Score, Housing Prices, Motorcycle, Open Ranges, Other Useful Tips, Rent, Time 2 — admin @ 1:11 pm

Zoxx asked:

Right now I have 10 Credit accounts open. Ranges from $424.00 to $5200.00 with a credit score of 728.

I have $0 balance all of my cards at this time.

I just applied to get a motorcycle and they denied me saying that I have too much revolved credit open.

I rent a apt due to the high housing prices. I have yet been able to afford a house due to those circumstances.

I have a couple questions that I hope can be answered.

1. How many Cards should I have open at one time?

2. I have heard having allot of closed accounts on your credit report looks bad. T or F (Explanation Please)

3. I have heard that you should always keep a small balance on all your cards. T or F (Explanation Please)

4. Should I try and get an outside loan from a banker or lender to get a lower APR than what they are offering at the dealership?

5. Any other useful tips to help keep my credit score on the rise without accruing allot of debt?

Thanks Allot.

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