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joann s | I have some credit card debt... HELP!? |
I have over $2000 of cc debt and it needs immediate attention and am afraid this is going to affect my credit somehow.
I keep hearing about a credit card with 0 balance transfer for 1 year apr. How does this work, can it help with my situation and which cc company will be the best?
Thank you for the answers. |
|


tw158
 |
It can help to transfer your balance to a 0% for 12 months offer, but keep in mind that after the 12-month period, the interest rate will rise to a much higher rate.
How high it will rise varies from card to card. Be sure to read the terms and conditions carefully. |
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lavalguy76
|
yeahhhh I have a better idea..STOP SPENDING money u don't have... |
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es
|
there is nothing to worry about just pay what you can |
|

gre n
 |
Credit card debt consolidation adds up all your unpaid balances and converts them into a single payment. When you finalize a plan with a debt consolidation company, the company repays your dues to your creditors. Then you make a single payment to the consolidation company every month. Your average new interest rate is much below the old interest rate.
http://debts-to-wealth.com/category/Credit-Card-Debt-Consolidation.html |
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la_liona
 |
Try www.prosper.com for a consolidation loan. Good Luck |
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Emily
 |
$2,000? that's it?!?!!?? consider yourself lucky, that's nothing! |
|

Ask M
 |
Consolidate your credit card debt: There are various reasons why you should consolidate credit card debt. The most important reason is lower rates. If you manage to get a lower rate on a consolidation than what you are paying currently, it is better to consolidate. Whenever possible, you can consolidate credit card debt and save some money. Check the interest rates on every card and note them down. Now write down the new rate you can get. If it lesser than the average of the old rate, consolidating credit card debt will be beneficial for you. Don't include cards with lower rate in consolidation. http://www.freewebs.com/getanswer/CreditCardDebtConsolidationTips.html |
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kelly
|
yes there are those types of credit cards out there this is what I would do get one with the 0% balance transfer and divided that 2,000.00 by 11 months and send in $181.81 a month and in 11 months your credit card will be payed for |
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