Posts Tagged Interest Rate

Now that washington mutual is owned by chase- can I combine credit debt?

credit debt
saldana s asked:


I have 1300 debt on a 1500 washington mutual credit card and 3400 debt on a chase credit card. My interest rate is 27% can I combine the debt on the two credit cards. Any tips on how to lower the interest?

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How does consolidating credit debt effect a credit rating?

credit debt
MsNomer asked:


My credit rating is probably better than the average as I pay all my credit bills on time, but I’d like to consolidate all the debt for a lower interest rate, with an eye on paying it all off faster. Would it be better to pay off the balances individually than to consolidate? How will zero credit card balances effect my credit rating?

Any suggestions, and any recommended books, would be appreciated. Thank you!

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What is the best way to pay off credit card debt?

credit card debt
The Bees Knees asked:


I’ve heard of companies like cureadebt.com that will settle your credit card debts for 70% of the amount owed. I’ve also heard of government grants to pay unsecured debt(credit cards), but I don’t know where to get the info on them. I’m considering a second mortgage to pay these off with a lower interest rate. Thoughts?

We no longer use credit cards, so the balance only increases because of high interest rates.

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How come I can’t pay my credit card bill early?

credit card bill
Layla asked:


Last month I made the terrible mistake of paying my credit card bill a day early. Now my interest rate is almost 29%. How can they justify this.

PS I already called and complained, they did nothing.

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