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RE: Credit Card Intrest Rates

Perk — Fri, 01 Aug 2008 17:48:02 GMT

google Credit Card Transfer
[url]http://www.creditcards.com/balance-transfer.php[/url]

transfer your balance to another card.

When late, keep the card open, transfer the balance, then never use that card again 3 to 6 months later close it. The Credit card company will see 6 months of good history and will not put any marks against you.

Always play the transfer game,
Get the best rate on transferring your debt. See how long you have to keep the card open.
When the transfer period special rate is up, transfer the balance to a new card. Do not use the old card, Store it away then 6 months or when the termination period is up close it out.
Some termination periods can be 2 years.

It pays to move your debt around, be smart pay your bills on time.
Never let it go past 90 days!

RE: Credit Card Intrest Rates

BJORN TOURAQUE — Fri, 01 Aug 2008 16:21:39 GMT

Transer balance to another card.

Thank you for shopping with us today.

RE: Credit Card Intrest Rates

ThanksJags — Fri, 01 Aug 2008 12:51:46 GMT

You should def be able to find a 0% on balance transfers for a full year card. The fee will be a one-time 3%.

RE: Credit Card Intrest Rates

Fargin — Fri, 01 Aug 2008 08:12:06 GMT

[quote][b]HYPHY32 (7/31/2008)[/b][hr]Is there many penalties when transfering the balance to another card with lower rates. (Not too hard in this case!)[/quote]

Shop around. You'll probably be able to get a promotional rate, maybe as low as 0% for a period of time then the rate will go to the standard rate on the remaining balance. Make sure you know that rate and what transfer fees will be involved. There are no penalties as such. Make sure you know what the payoff balance is because that will include finance charges until the payoff date. You have to ask. The balance on your statement is not the payoff. Shop around, each card is different.

RE: Credit Card Intrest Rates

HYPHY32 — Thu, 31 Jul 2008 23:42:09 GMT

Is there many penalties when transfering the balance to another card with lower rates. (Not too hard in this case!)

RE: Credit Card Intrest Rates

JacksJags — Thu, 31 Jul 2008 23:39:54 GMT

[quote][b]HYPHY32 (7/31/2008)[/b][hr]I have had a credit card for four years. I closed it awhile back when getting a loan for a house. I was late one time and my intrest went fron 6% to about 30%. I have great credit and on my second house, is there anything I can do? This crazy and I am pissed.[/quote]

By simply calling and asking them to work with you, they will. Tell them your situation, sob story whatever and they will usually lower the rate with you. Or get a buddy of yours that is a good talker, and a quick thinker to do the dirty work for you.

RE: Credit Card Intrest Rates

Utopia — Thu, 31 Jul 2008 22:53:32 GMT

1-800-AXE-GARY :LOL:

RE: Credit Card Intrest Rates

Fargin — Thu, 31 Jul 2008 22:41:28 GMT

So is the card closed with a balance on it? If it is and you missed a payment you're screwed. Read your terms for the card, I'm sure it says they can raise your APR to a default rate if you miss a payment. My suggestion is to do a balance transfer to another card with a lower APR. The other issue is that when you closed the card you lost any leverage you may have had. Never get mad and close a card with a balance on it.

RE: Credit Card Intrest Rates

HYPHY32 — Thu, 31 Jul 2008 22:26:59 GMT

Sorry pissed and on the phone and went in NFL draft. Can a mod move it to Sideline?

RE: Credit Card Intrest Rates

Bon Jagley — Thu, 31 Jul 2008 22:19:52 GMT

NFL Draft?

Credit Card Intrest Rates

HYPHY32 — Thu, 31 Jul 2008 22:19:00 GMT

I have had a credit card for four years. I closed it awhile back when getting a loan for a house. I was late one time and my intrest went fron 6% to about 30%. I have great credit and on my second house, is there anything I can do? This crazy and I am pissed.