i am in credit card debt.I am paying 32 percent on my card.I have written to the credit card co. but they will

Question

I am paying 32 per cent on my credit card.I contacted the co. and they will not reduce my rate.I have asked them twice.I have a balance of $6000.What can I do?This is an unsecured
credit card.

Answer 1

Go to CCCS. Check with the local United Way office. They may be able to get your rates lowered.

Answer 2

If you have been making your payments on time you should have a little bit of credit build up so what I would do is try to get another credit card with a lower interest rate and then transfer the balance because most of the time credit cards companies have 0 interest on balance transfers for 6-12 months, Check out this website they have all major credit cards with low rates and great rewards www.fastcreditcardapprovals.com has the right card for you becuase 32% is insane. Good luck

Answer 3

sorry you are going through this. is it 32 percent because of your credit rating?? Can u get another card and just transfer that balance to your new card? If your credit rating is poor, then that may be a problem. If you have a good job, and you have paid it on time, then you should be able to apply for a new, better card. if not, can u borrow money from someone to help you out?? Otherwise, declare bankruptcy, if you can. It's tough to do these days though. Just make sure you make the min. payment each month, so your credit does not become shot.

Answer 4

Go to the website below and read ALL of it! Check out the "credit and debt counseling" section. There are sponsored links of services that will help in your behalf! 32% really sucks and if this is because your credit rating is terrible, then you need this site badly!

You can learn how to clean it up from here as I did and these guys know their stuff! My credit rating went from 480 to 709 in one year with the help I got from this site!

Dave Ramsey's ideas are fine, but what he doesn't tell you is that he makes a lot more money than you do and has the ability to pay all cash! Your going to need a credit rating whether you win the lottery or not! Adding more money to bad spending habits is not going to make anything better, even if you get to be a millionaire!

Your creditors want to see you spend money WISELY, not pay all cash! First go to the website below and then you can sign up for 3 in 1 credit monitoring from Equifax from there! You need to pull your credit report because I can already tell you have no idea what's in it!

Start making better habits and cleaning up and repairing your credit rating and start today! You'll be glad you did! The most important investment you can make in your lifetime is the purchase of a home and you wont have enough money to pay cash for that, I guarrantee it!

Your going to need credit!!!!!!!

Answer 5

First off, have you applied for a credit card with another bank? They will always have all kinds of offers to save you tons on a balance transfer. Secondly, if those banks deny you of credit, they must provide you a free copy of your credit report. See what on these is holding you back from being extended credit. Lastly, pay it off!!! There is no simple quick solution, so just relax and pay it off as you can...

Answer 6

If your credit is already shot, stop paying. This will provide an incentive to the collector to reduce your interest. Few people seem to realize that you can always negotiate your debt. Let me repeat that: you can negotiate your debt.

Answer 7

Go bankrupt

Answer 8

Then buckle down and pay it off.

Get a second job, or cut out some expenses.


www.daveramsey.com

Answer 9

they probably won't let up. maybe you'll get some satisfaction by making all of your payments in pennies.