with the card having no limit, ive spent $2,000 dollars on it, i know that the payments are due every month at the end of the month, and im not eligible for the pay over time option so what do i do now?? im not going to be able to pay this off until about the end of august..help pls!! serious answers only!!
thanks...
2007-07-01 05:57:54 · 6 answers · asked by sporty1grl 1 in Business & Finance ➔ Credit
fisrt of all apply online for another credit card and then transfer balance to another credit card.
Blue Cash from American Express is best option for balance transfer.
This credit card issued by the credit card giant American Express has No annual fee. Coming to balance transfers, the Blue Cash from American Express has a low balance transfer rate. The APR for balance transfer is 4.99% fixed for the life of balance. Another good feature of the Blue Cash from American Express is that it is a 0 Intro APR credit card. It has a 0% intro APR rate for 6 months. The reward program of Blue Cash from American Express gives Up to 5% Cash Back with Unlimited Cash Rewards. This entitles the credit card holder to earn an unlimited cash back on his spendings.
Apply online at: http://www.credit-card-gallery.com/American_Express.html
2007-07-01 23:45:14 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This unfortunately happened to me. I called them in advance to let them know about my situation, paid them 100 dollars and told them I'd pay them 100 a month until I was paid up. When the person I explained this to at AMEX was understanding and I thought I was working it out, I got a nasty phone call. It was just about 1 month after I called that AMEX person and explained my situation. Well, wouldn't you know it. It was a collection agency. They didn't care what arraignments I made with the AMEX person. They said your entire balance was due in full IMMEDIATELY. I told them my situation and they couldn't care less. They would not work with me one bit. They said if I didn't pay them in full immediately, this would be turned over to their legal department that same day. I couldn't believe it. I used that AMEX card for 4 years without ever missing 1 payment and this is the thanks I get. Well to make a long story short, I ended up doing a chapter 7 bk. I would never suggest anyone ever getting an AMEX card. NEVER!!!
2007-07-01 16:47:24 · answer #2 · answered by Jill S 5 · 0⤊ 0⤋
Try to get a personal loan for 12 or 24 months. In most cases you will be notified within 3 to 5 business days. If you do get the loan for 24 months, make double payments each month.
2007-07-01 19:34:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They won't cut you off. There will be a $20 charge for not clearing your balance by the end of the month. Pay it off over the 2 months and you will be fine.
2007-07-01 14:01:54 · answer #4 · answered by Anonymous · 1⤊ 1⤋
Just don't panic, first call AMEX and tell them that you would like to split this bill in 2 month.
Or apply for another card and do balance transfer, the best way to apply go to creditcard.com, they offer 0% for balance transfer. Just be careful next time. Good Luck!
2007-07-01 13:07:14 · answer #5 · answered by reality 6 · 1⤊ 0⤋
Just send in your payment, paying as much as you can. Get caught up as quickly as possible. And, in the future, don't charge more than you can pay off in a month.
2007-07-01 15:14:04 · answer #6 · answered by jdkilp 7 · 0⤊ 1⤋