I have this credit card bill that never seem able to pay-off despite the fact that I've stopped using it. I appreciate if someone could help me. I promise never to get into debts again! Thanks in advance!
2006-12-02 18:17:38 · 9 answers · asked by SingGirl 4 in Education & Reference ➔ Financial Aid
First, you have started on the right path by not using the card. Second, never just pay the minimum, often with the way the interest rate on most cards it will take up to 30 years to pay off a card by just paying the minimum amounts. Third, sacrifice as much as you can to pay as much as you can till you pay the card completely off. It may hurt now, but it will be better in the long run.
if you use the card in the future, always pay the card off in full at the month end. Don't let yourself get caught in the trap.
2006-12-02 18:21:29 · answer #1 · answered by cyahlaytar 2 · 3⤊ 0⤋
The best solution is to get a small loan and pay off the card. The interest rates on this EASY money (credit cards) are so high, that a normal loan will help get this debt under control faster. This doesn't make the loan go away.. just helps manage it a little more efficiently.
If this is not possible, you need to stop looking at what the credit card company is telling you is "minimum payment". Here's what is minimum payment. Figure out what the interest charges are for the card. Now pay that PLUS $50 (or more) a month. It will take a while, but you'll be covering the costs of the (free money) and slowly get the debt paid off.. a little a time.
Finally, once you have paid this off, remember how hard it was to pull yourself out of debt. And tell people, its not FREE money. If you can't afford it with cash, you CERTAINLY can't afford it with plastic.
2006-12-03 02:28:14 · answer #2 · answered by Vanchaser 3 · 2⤊ 0⤋
The thing to do is get away from the minimum payment. Pay any spare dollar you have to get away from this debt.
2006-12-03 02:22:16 · answer #3 · answered by Anonymous · 2⤊ 0⤋
I think if you want help inthis forum you must include a real picture to see what the boys are bidding on. You must state how much is involved and what they can expect in return. Advertising correctly is the most imortant thing you need to do. Also when meeting thiese guys meet at a public place because if he is really icky you can go to the ladies room forever. A girls gotta do what a girls gotta do.
2006-12-03 02:19:07 · answer #4 · answered by laxthefacts 2 · 1⤊ 3⤋
1st cut up all your cards
2nd call a free credit counseling service for payment help,options,etc
2006-12-03 02:19:52 · answer #5 · answered by Anonymous · 3⤊ 0⤋
you need money or advice???
You are paying on the interest, and depending on ho much you send in. Pay double the minimum...or more if you can, and it will diminish quicker.
2006-12-03 02:20:26 · answer #6 · answered by ♥Sweet Girl♥ 5 · 1⤊ 0⤋
just ONE credit card bill? Newbie!
(joker--I seem to be about 20 seconds behind you tonight--you keep stealing my lines--"great minds..." & alla that) ;)
2006-12-03 02:20:11 · answer #7 · answered by Clycs 4 · 0⤊ 0⤋
get a second job(or a first ) and pay your own damn debt
lazy free loaders
2006-12-03 02:19:40 · answer #8 · answered by jokerswild 4 · 2⤊ 2⤋
Wow...BOLD MOVES HAPPEN EVERY DAY!
2006-12-03 02:20:01 · answer #9 · answered by justwonderingwhatever 5 · 0⤊ 2⤋