2007-02-11 05:16:16 · 5 answers · asked by ANDREW B 2 in Business & Finance ➔ Credit
Transfer all credit card balances to the one with the lowest interest and then start paying it off gradually and for heavens sake dont charge any more. Only pay with cash so you konw what you will be able to afford.
Your welcome.
2007-02-11 05:20:34 · answer #1 · answered by Akbar B 6 · 1⤊ 0⤋
My suggestion would be to pick the card with the lowest interest rate and verify the credit limit (see if it will hold all your balances).
Then take those checks they sometimes send in the mail for the credit card...and use them to pay off your other credit cards. You will have "transferred their balances" onto one card.
2007-02-11 05:33:26 · answer #2 · answered by CG 6 · 0⤊ 0⤋
In some cases, if you own a house, you can refinance your mortgage to pay off the credit card debts. Your card balances would be added to your mortgage balance.
2007-02-11 05:19:00 · answer #3 · answered by Omni D 5 · 0⤊ 0⤋
Sign up for a card that offers 0% interest on balance transfers. Transfer as much as you can, and then cut up all the cards.
2007-02-11 05:51:20 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You could refinance your home, apply for another credit card and transfer your balances or apply for a personal loan.
2007-02-11 05:19:53 · answer #5 · answered by ajd1bmf 4 · 0⤊ 0⤋