 Secured Credit Cards? |
I just opened last week 4 secured credit cards with $300 credit limits each. I need to repair my credit...
If I charge $10 on each monthly then pay all of them off monthly and keep doing ... |
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 Do those debt consolidation websites really work? |
| My boyfriend is around $17,000.00 in debt. He almost signed up with one of those debt consolidation companies online. What they told him to do in a nutshell is to pay them X amount each month and not ... |
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| Credit card interest rate jumped to 30%! Why? |
| My husbands Washington Mutual credit card jumped to 30% interest. We have never been late on a payment and we pay way more than the minimum in order to pay it off. Right now the balance is $423.00 (... |
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 My nephew has a bunch of bounced checks? |
| He has bounced about 5 checks and has no money to put in the bank to cover what he has written + fees and such. He has no job, so no way to pay them back and none of the family is willing to loan ... |
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 Is it a good idea to take out a small home equity loan to pay off credit cards? |
10000$ to consolidate 7000 in debt, the going interest rate is 7.5 % we are currently paying between 13%-23% on the cards
Additional Details
the remaining three thousand will go torward ... |
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 Am I responsible for my girlfriend's credit card that is in my name (she is additional cardholder)? |
Her name is actually on the card... If we break up and she does not pay it, can I go after her legally?
Additional Details
She has a totally separate card eventhough she is on my account ... |
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 Go bankrupt or not pay? |
| im not sure what bankrupsy is everyone tells me don't do it. bc i will still have to pay it back. but right now im not paying on my credit card debt. so do it or just let it keep racking up?... |
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 What credit score should I go by? |
| transunion experian and equifax all have different scoring methods. which one is most accurate when it comes to what a creditor will look at...? So basically is the equifax score closer to what a ... |
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 Who here is getting sick and tired of 'where is my rebate' questions? |
| I just wish some of these people would at least read some of the answers pertaining to the rebate before asking the same question over and over.... |
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 I'm confused...do I need credit card...help? |
| I have recently moved to US (legally :-) ) and I have been watching a lot of shows (while I'm home with my baby) and I'm trying to find out what's the best for me...the only one thing ... |
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 When I move, how do collection agencies get my new address? |
Additional Details
I got no utils, its a rented room in an established company.
My bank account? <-- my ... |
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 Can someone help me get a loan to pay-off all cedit debt that I owe? |
| I do have a job but may credit is extremely bad and I need to turn that around please help me.... |
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 How do I stop a bill collector from calling my number, they have the wrong number? |
| Companies have been calling my number for a person sho had the number before...fair enough...but it has been a year since I got this number. The same companies are calling. I have threatened to ... |
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 What should I do if the billing department keeps harassing me? |
| I was the passenger in car accident last February. i went to the hospital to get checked out and I was fine but just for looking at me and taking an X-ray cost 277.00. The insurance company of the ... |
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 We are drowning in debt......dont know what to do? |
| We have been hit so hard with car problems, hospital bills, medication, etc. I have bipolar disorder, and also fibromyalgia, my boyfriend has a terrible back problem and has had to miss tons of work. ... |
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 Why is it when you want a "free credit report" its never free? |
| all i really want is a free credit report, not anything to do with a credit card, if i had one i wouldn't need a credit report.... |
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blitzcrackunders | Can I pay my credit card with my other credit card? |
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hardcore
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i have.. |
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yngblkbeau
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If you find yourself in a situation where you're cash broke and relying on one credit card to pay the monthly bill on another then it won't be long before you're in deep financial trouble. Eventually, you'll find yourself carrying high balances on all your credit cards at a percentage. This is a recipe for making yourself poorer.
If you don't have the cash to pay your credit card bills at the end of the month, what this should tell you is that you shouldn't be using those credit cards. |
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Chris
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Wouldn't it just put you in more debt?
$x = Credit Card #1's total payment owed (Including interest)
$y = Credit Card #2's total payment owed (Not including interest)
$z = Credit Card #2's interest after payment of x
The best case scenario would be that $0=y
If you pay $x amount with $y, you add $x from $y. Then you have to pay the interest on Credit Card #2.
x < y+z
x-x < y+z-x
0 < z
You end up paying more trying to pay x with y+z. |
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katherine
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Not directly and you need serious financial advice if this is the only means you have of paying your bills. See a debt counselor immediately. |
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Carman Nguyen
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Rob Peter to pay Paul....Why not? |
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Todd G
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Yes as long as they are not from the same creditor company |
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bdancer222
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Yes, it's called transferring. You may have to use those convenience checks the credit card companies send out.
However, there will probably be a transfer fee of about 3% and interest will start immediately at the cash rate which is usually much higher than the purchase rate.
Shifting debt from one credit card to another isn't such a good idea. You'll be sinking deeper in debt before you know it. Stop using all credit cards and work on paying off the balances. |
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Val
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most credit card companies do not allow this, so you wouldwant to ask the cc company that you are paying. Even if you are in collections. |
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Judy
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First look around for cards with really low APR's or 0% balance transfers for 6 months.
Go to bankrate.com
its a great place to find any kind of card you want.
I found a card that gives me 5% cash back on gas all year long.
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Alphageek
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Most credit card companies do not allow a mechanism (online or otherwise) to pay your account with a different credit card, unless your account has already gone into collections.. at that point, they'll take anything they can get.
About the only means you may have to do it would be if you have cash-advance checks issued against another credit card.. you could conceivably use one to make a payment, but with the cash advance fees, etc, that would be charged for the transaction, it doesn't make much fiscal sense. |
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