I have about 4-5 credit cards, and 3 of them have just about exceeded their limit (which is about $2,000) . I was wondering if anyone knew if getting an AMEX card and just paying the balances off with that card and then just pay off the Amex. If you have any other suggestions- i would appreciate. I do not want to take out a loan.
2007-11-12 03:24:51 · 2 answers · asked by cutiecaity85 3 in Business & Finance ➔ Credit
You might not be able to qualify for an AMEX card.
You say you don't want to take out a loan - what do you think getting another credit card and transferring your balances is doing? And there's normally a fairly substantial charge for balance transfers.
2007-11-12 03:56:06 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
The only thing about this idea is that you can't carry a balance on the American Express card. You have to pay it off in full each month.
2007-11-12 11:34:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋