eric53 asked:
I have $12,000 credit limit on my cards and owe a total of 47cents.
How much credit card debt do you have and are you able to pay more than just the minimum payment per month?
I have $12,000 credit limit on my cards and owe a total of 47cents.
How much credit card debt do you have and are you able to pay more than just the minimum payment per month?
I have 3 credit cards but I don’t use them. Therefore zero to answer your question
Zero. Took me a while to get there a few years ago, but I did.
I have a Visa from my credit union that I rarely, if ever use. I have two AMEX cards, and they get paid off each month.
Somewhere in the neighborhood of 13k and I pay about 1500/month. Actually this month I will be paying 3500. So, yes, I do pay more than the minimum.
ADD: I should also say that $9,500 is on a 0% interest card and the rest is getting paid off this month.
I have NO credit cards and NO overdraft – I pay everything by cash – and on time !
I use my credit cards for everything and pay them in full each month. Since they are cash reward cards, the credit card companies are paying me to use their money.
Just because you have a big credit limit, doesn’t mean you have to use it or carry balances.
Good for you…
Mine is about the same but this month I owe them $112.00.
Which means it will be paid off when the bill comes.
I only use my cards to improve my credit score… other than that carrying a short term loan for this much interest… is plain financial stupidity.
possess as much information as you could maybe is one of the options,however it is quite time consuming,here is the resource i have ever had good experience.
everybody has credit card debt and pay the minimum, its best to consolidate the credit card debts
Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.