Archive for August, 2009

does it hurt your credit to close out long standing credit cards in good standing? If so why?

Monday, August 24th, 2009

Ms. Kitty asked: I was going to consolidate two credit card onto a new lower interest card and cancel the old cards. However, I was informed that closing the old cards would not look favorably on my credit report. I thought this was strange as good credit reflects on ...

credit card debt and consolidating or transferring the debt?

Sunday, August 23rd, 2009

Stan asked: i have around $10000 in credit card debt. the ridiculous thing is, my interest rate has steadily gone up to almost 30%!! i need some better options here, because the debt is not going down, and i'm just making interest payments every month. if i were to apply for ...

I have a question about a high interest credit card. Can u give me advice?

Thursday, August 20th, 2009

happydawg asked: I have been paying off my credit card debt over the last 3 yrs. I paid off my Discover card to a zero balance yesterday. I paid off Chase to a zero balance in February and the only thing left is a Bank of America card ...

Who do you talk to or write to negotiate a lower rate of interest on your Credit Cards?

Saturday, August 15th, 2009

John S. asked: If you go through the "front door", i.e. a toll free Customer Service number, you get a lower level employee who typically does not have the knowledge or authority to grant a lower interest rate. They may pass you to someone else, but then you sit ...

What should one look for when trying to get a credit card? Low intro rate, Low ongoing rate?

Thursday, August 13th, 2009

christianTX asked: Help me out with the terminology. I want to get a credit card, but don't know what to look for. What is APR? and the other terms they use & how does the credit score develop? By the way, I don't have credit history. Is this necessary when trying ...

A 17-year-old sinks the GOP?

Tuesday, August 11th, 2009

titou asked: What is WITH these people -- first Joe Biden's history of false statements and plagiarism. Now it turns out that Palin's daughter is well on her way to delivering a love-child: exactly against just about any Republican claims of standing for "Family Values". Intelligence right up there with ...

is today an ideal day to ask my credit card for a lower interest rate bc the feds slashed rates?

Tuesday, August 4th, 2009

bugzilla asked: I am financially challenged but trying to learn.HAROLD