CC Debt-repost from LIF

Hazeleyes33 Posted: Feb 13, 2006 10:22 AM

CC Debt-repost from LIF

I know there are ways to consolidate cc debt but what if you only have 1 cc that needs to be paid off? Is there some way that you can use the equity in your home to pay off the card? I know if you refinance you can do this but my rate is lower than the rates now so that would not work. Thanks!

Beth1210 Posted: Feb 13, 2006 10:38 AM

Re: CC Debt-repost from LIF

what about applying for a new CC with a low or no rate on balance transfers? then transfer the balance

stay away from debt consoildation agencey's - they will wreck your credit

or call the CC company and see if they will lower your rate

hmpena Posted: Feb 13, 2006 10:41 AM

Re: CC Debt-repost from LIF

i agree with Beth. See if you can get a card that has zero percent APR and pay if off that way. DH used to do this- he would transfer around his balances to a card with zero percent interest until the balance was paid off.

Hazeleyes33 Posted: Feb 13, 2006 10:45 AM

Re: CC Debt-repost from LIF

Posted by Beth1210

what about applying for a new CC with a low or no rate on balance transfers? then transfer the balance

stay away from debt consoildation agencey's - they will wreck your credit

or call the CC company and see if they will lower your rate

Maybe I will look around for that. Do you know any good ones at the moment? Thanks!

103005FallBride Posted: Feb 13, 2006 10:53 AM

Re: CC Debt-repost from LIF

Posted by Hazeleyes33

Posted by Beth1210

what about applying for a new CC with a low or no rate on balance transfers? then transfer the balance

stay away from debt consoildation agencey's - they will wreck your credit

or call the CC company and see if they will lower your rate

Maybe I will look around for that. Do you know any good ones at the moment? Thanks!

Totally agree!
That's what we're doing!

I just applied for a 0% from Citicards
My DH just rec'd a GREAT one from Discover...0% of balance transfers for life...just needs to make at least one purchase a month. The interest rate on purchases isn't bad either.

Beth1210 Posted: Feb 13, 2006 10:57 AM

Re: CC Debt-repost from LIF

try the Citi bank website- they own everything and normally have some good deals

Hazeleyes33 Posted: Feb 13, 2006 10:58 AM

Re: CC Debt-repost from LIF

Posted by Beth1210

try the Citi bank website- they own everything and normally have some good deals

Thanks!!

Blu-ize Posted: Feb 13, 2006 11:14 AM

Re: CC Debt-repost from LIF

Chase has one also. I'm doing that one soon.

Beth1210 Posted: Feb 13, 2006 12:48 PM

Re: CC Debt-repost from LIF

Posted by Blu-ize

Chase has one also. I'm doing that one soon.

Chase should give you a deal b/c you are always singing there prasises-

Hazeleyes33 Posted: Feb 13, 2006 01:05 PM

Re: CC Debt-repost from LIF

Posted by Beth1210

Posted by Blu-ize

Chase has one also. I'm doing that one soon.

Chase should give you a deal b/c you are always singing there prasises-

Thanks. I am going to look into them. I just talked to my dh and told him we HAVE to do something. It is getting WAY out of control (mostly him NOW-I have gotten sooooo much better with my wants and needs).