Hello,
I aquired a credit card in May 06'. I wanted to build my credit, I had a credit score of 630. Initially I made small purchases and paid everything off on time for the first few months. However, as of September I had some school related fees I charged to my card. Since September I've just been paying the minimum payments and now have just over one thousand dollars on my card. Over one tenth of this is just in interest too. I know for next month's payment I will not be able to pay more than the minimum fee. Can I transfer my current debt to a new card. I've read a bit about 0% transferring fees. Ideally, I'd like to find a card where I could transfer the debt I have with a grace period, no interest, for a couple of months. Is there such a card or am I dreaming? I am new to the world of credit cards and I'd appreciate some insight about my situation. I don't want this debt to get any more out of hand.
Thank you!
2006-11-25
07:12:44
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6 answers
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asked by
Anonymous