Debt Consolidation. IDK?

admin — Fri, 22 Jan 2010 08:46:13 +0000

Creditor = Capital One
Debt Consolidation Worksheet
Balance Transfer Fee = $0; Interest 7.9%

•First National Credit Card
Account number = NOT 4 U TO KNO
Amount = $150.00; Payment = Remaining Amount (4/18/08); New Balance =$0
First National Credit Card
PO Box 5097
Sioux Falls, SD 57117-5097

•Direct Rewards Platinum
Account number = NOT 4 U TO KNO
Amount = $43.54; Payment =$79.56; New Balance = $0
Payment Center
PO Box 17313
Baltimore, MD 21297-1313

•When account is reported on May’s credit reports, my available credit will be roughly, excluding no pending charges will be roughly 74%. My debt on this card is roughly 25% to the available credit limit.
Capital One Credit Limit = $750.00
Available Credit = $556.46
Balance = $193.54

My credit score now is a 687….
Will there be an increase doing this?
The only negative factors on my credit report is 27 inquiries last year =/………Yea, I needed credit badly….
And short payments history
Im only 20 tho

What is the best way to payoff my credit card debt?

admin — Sun, 08 Nov 2009 09:57:41 +0000

I currently have around 10,000.00 dollars of credit card debt on three different cards. I am paying 29.99% on two of them, and 22.99% on the other one.

I have tried to get a card with a better rate to transfer my balances to, but the issuers won’t give me one because I am using so much of my available credit now. I have not had any late payments on my credit accounts, tho.

Should I try to get a home equity loan to pay off the cards, or is that a bad idea, too?

I know that I got myself in this situation, and I am wholly responsible. I do not feel right about declaring bankruptcy, but really want to get out of debt somehow.

If I am unable to get a lower rate, then I don’t see a way to rid myself of the debt. Any advice?

Credit Card Debt Consolidation » Tho

Debt Consolidation. IDK?

What is the best way to payoff my credit card debt?