American Express, Visa, MasterCard, Discover Card, etc.
2006-11-11 11:07:43 · 9 answers · asked by Fashion 2009 2 in Business & Finance ➔ Credit
If you can only make the minimum pymt of $15, then I recommend that you DO NOT get a credit card.
From experience, you don't want to get into the credit card trap ... it is the #1 reason for financial disaster !
2006-11-11 11:10:35 · answer #1 · answered by ValleyR 7 · 0⤊ 0⤋
If you can only pay minimum of $15, you should think of the way to increase your income and definitely not to go for a credit card. I am a part time worker doing work online at home, so I would like to share a link where you can make $600 in a month working at home. The work need to be done is posting a discussion and answering a discussion. the link is:
http://tinyurl.com/yhzzph
if you work smartly, you can even make $1000 or more.. it all depends on your usage pattern. I worked for 2 hour daily last month and i got paid $238 for the last month. Its not bad after all, i am happy and making more. After sign up, do mail me to know the tips on how to increase your earning and also to get more website address..
Please let me know, if you have any queries. I will try my best to give you right answer
(PS: When u are planning for a home based online work, be very careful because most of them are scam and ask you to pay initial money. never pay money to any such site.)
2006-11-11 23:24:49 · answer #2 · answered by Truth123 2 · 0⤊ 0⤋
It doesn't matter which one, if you only plan to pay the minimum, you will be in debt FOREVER. That's how it works.
Do the math. Credit card debt is for the innummerate.
You should have one card for emergencies. You should only use it for emergencies. (Dinner is not an emergency!)
Do the math. If a friend offered to lend you $1000 and wanted to charge you a "lending fee" equal to what the credit cards will charge you, after you stopped laughing, you would punch him!
2006-11-11 19:18:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
None, someone who can only scrap together $15/mo to pay their debt off has no business borrowing more money.
Get a second job, put all the money you earn towards your debt. You can't borrow your way out of debt.
2006-11-11 19:46:21 · answer #4 · answered by Phil O' Brien 3 · 0⤊ 0⤋
None! You are in debt and cannot make the payments? Then you ought to avoid credit cards.
2006-11-11 19:13:50 · answer #5 · answered by misskate12001 6 · 0⤊ 0⤋
depending on your credit score - your minimum payment will probably be at least $20 - minimum payment is up to 4% of the outstanding balance, but not less than.....$20.....
2006-11-11 19:13:02 · answer #6 · answered by Paula M 5 · 0⤊ 0⤋
I would look into getting a line of credit if you are eligible. You don't want to pay exhorbitant interest and this could minimize it for you.
2006-11-11 19:10:06 · answer #7 · answered by lockekc 1 · 0⤊ 0⤋
try to pay at least the min on all but put the extra money toward the one with the highest interest rate. good luck
2006-11-11 19:10:51 · answer #8 · answered by LD 5 · 0⤊ 0⤋
check these links, then decide what you want to do,
see the FAQ on the first link down but really there's plenty of advice throughout if you have time to read:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
good luck!
if it helps please remember me cheers
2006-11-13 20:51:25 · answer #9 · answered by ken_voss12345 4 · 0⤊ 0⤋