Comments for Best Low Interest Credit Cards

Comment on What to do pay off another credit card or put money on the procedure I need to have done? by Jay K

Jay K — Sat, 06 Feb 2010 04:58:42 +0000

To be in the best financial position in the future, you should put the $1,000 into the credit card and not use credit cards for something that is not needed right away. If you can save up enough to payoff the remainder of the credit card and pay cash for the procedure, you are golden.

Ask yourself this question: Would you borrow money from a friend or family to have this procedure done?

Comment on What to do pay off another credit card or put money on the procedure I need to have done? by prprincess

prprincess — Wed, 03 Feb 2010 01:30:17 +0000

I would pay off the credit card. If your insurance is not covering the procedure, it usually means it is not life threatening. So you can start savings after you pay off your debt and can still get it done later.

Comment on What to do pay off another credit card or put money on the procedure I need to have done? by ruby a

ruby a — Sun, 31 Jan 2010 02:04:29 +0000

if the procedure is cosmetic only then pay off the bill first

Comment on What to do pay off another credit card or put money on the procedure I need to have done? by pandora078

pandora078 — Wed, 27 Jan 2010 16:48:11 +0000

the plastic surgeon will still be available after you pay off your credit card.

Comment on Balance of student loan onto a credit card? by Mav

Mav — Tue, 01 Dec 2009 16:31:04 +0000

Credit card rates are much higher then student loan rates.

If you believe you can pay a credit card payment then make arrangements to open an account at a local credit union or a local bank of your choosing that is not your regular bank. Any where but Bank Of America. Then write a check and deposit it every month. Don’t look at the balance and don’t check on it. Then, build up a nest egg that you can have to pay that loan or get you out of a jam if need be.

It is recommended that you put away three months salary.

This will protect you and is much better then a credit card.

Is there any way he can apply for subsidized loans?

Comment on Balance of student loan onto a credit card? by Marianne

Marianne — Sat, 28 Nov 2009 19:43:11 +0000

You can contact the lender and ask them to bill you for the interest while you are in school/deferment.

Credit cards have higher interest rates and can change those rates for no reason.

You can also go back to defering the interest if times get tough, but this isn’t the case if you switch to a credit card.

If you want to pay the interest, just do it through the lender. Try it for a while, you can always change back or try that crazy credit card thing later.

Comment on Balance of student loan onto a credit card? by rhsaunders

rhsaunders — Wed, 25 Nov 2009 11:16:39 +0000

Approach this with great care. Most credit card balances incur interest at a rate notably higher than the standard student loan rate. Some credit cards have promotional deals at very low interest rates (I have used some of these), but the duration is limited and if you can’t pay the thing off before the interest rate jacks up, you are toast.

Comment on High APR on 2 credit cards, both with Citi? by Bart M

Bart M — Thu, 12 Nov 2009 08:29:19 +0000

you need a plan and discipline

Comment on High APR on 2 credit cards, both with Citi? by lawrencegrossman

lawrencegrossman — Tue, 10 Nov 2009 05:56:00 +0000

Check on the internet for 0 % interest cards. You will have a 3 % fee, but if you pay them off on time it will be cheaper.
This is what I have done. I used Discover.

Comment on High APR on 2 credit cards, both with Citi? by Sheri G

Sheri G — Fri, 06 Nov 2009 22:42:27 +0000

I would phone and ask them to consolidate the balances onto one card and close the second account. As well, ask for a lower interest rate. If they are not willing to do either, let them know that there are several other card companies that will offer you a very low rate on balance transfers and if they won’t accommodate you, someone else will. This generally works. If it doesn’t, check out the balance transfer offers from other card companies.

I would also talk to your bank about a debt consolidation loan - you should get a good rate there if your credit score is good.