Archive for March, 2009

With a credit card closed with a balance, is there any way to get them to stop late payments and interest fees

Monday, March 30th, 2009

lori asked: My mother is in serious debt and worked with this credit card company once before to lower payments but she is still having trouble paying it and now with all the late payments and interest fees tacked on each month she is way over the limit resulting of ...

What is the name of the act that allows an active army member to lower their interest to 6%?

Monday, March 30th, 2009

»•-¤« ®áñðý™ »¤-•« B asked: I went to a finance class a while back and i forgot what the act was called that you request from the credit card company and they lower your interest rate. ThanksCHERI

Should I get a Personal Loan to pay credit card debt?

Wednesday, March 25th, 2009

Tom asked: I owe about 12000 in credit card debt. These cards are all have an interest rate between 17% and 25%. This is spread out over 4 cards. Would it be a good idea to get a personal loan from a bank to pay off this ...

How do I get a lower interest rate on a current credit card?

Wednesday, March 25th, 2009

AquaAngel asked: I have heard that you as a consumer can negotiate with credit card companies to reduce interest rate so that you can get them paid off. How do I go about that?ELEONORA

What should i do? Credit Card?

Tuesday, March 24th, 2009

nice_gentle2000 asked: OK My problem is i cant seem to get a lower interest rate on any credit card. I'm paying my debt one at a time and the only card i have is a 19.99% interest rate card with annual fee. No one is willing to give me a ...

Transferring a blance from one credit card to another with a lower interest rate?

Monday, March 23rd, 2009

newmommy3 asked: First of all I have never carried a balance on a credit card before. Now with some job changes I have around $3000 on a credit card (only from groceries and other necessary living costs-not huge shopping sprees) that I pay more than the minimum required balance on ...

Consolidating Credit Cards/Getting Rid of Debt?

Monday, March 23rd, 2009

Sarina asked: What are some trusty good consolidation companies? I would like to take all of my credit cards and roll them into one lower interest rate account to just have one payment. I haven't stayed on top of things and i'd like to get it all back ...

Should I use a credit card to payoff collections on my credit report?

Monday, March 23rd, 2009

uscjessie asked: I got into financial trouble a few years ago and as a result I have 7 collections on my credit report ranging from 1100 to 300 dollars. They total about $3500. I have negotiated settlement amounts with most of the collection agencies - all which ...

Orchard bank credit card wont lower my interest rate?

Sunday, March 22nd, 2009

ravendzarra asked: I have had 2 accounts with orchard bank. They raised my interest rate from 16% to 29% on one of my cards due to a re scan on my credit report. I asked them to reconsider and they said no so I closed the account and paid it ...

cancel credit card or keep it open to improve credit score?

Sunday, March 22nd, 2009

Anna C asked: I am about to finish paying of my high interest credit card. I have had the account open for 10 years. I know the longer you have had it open, the better, but if I am not using it anymore,should I still keep it open (with a ...