Does anyone have any ideas for refinancing credit card debt? (Page 2)

Posted by Stensco21

Posted by DivaCanLeo
what are your habits now stenso....like how do you spend your money?

I have no children and I'm a realtor. Only problem is my license is in Oklahoma and I moved to Texas after split w ex. Relied heavy on my credit cards for the move and I'm very impulsive with money. This credit card thing is the most debt I've ever had not including a car note.

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Posted by DivaCanLeo
These are the questions I have:

1) do you have children

2) how do you spend your money

3) Are you a student



I ask these questions because 1) you can start a secondary job to pay off your debt 2) Eat more at home 3) Don't go shopping as much 3) Transfer balances to 0% interest cards

and do the snowball thing or pay the higher interest cards first...then attack the others...

Posted by nikkistar

Posted by Stensco21


No I don't have anything I could use for collateral and don't want to bother someone to be a co-signer..

Also is my credit card minimum payment increasing because the change in recent interest rates lately? It's increasing 10-15 dollars a month.

Yes, that is why. That's what most people don't realize about most credit cards.

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Posted by cheekyfaerie

Posted by Stensco21
Also I just changed jobs how will effect my employment when they ask at credit unions or for a balance transfer?

Ew. They're gonna ask your income and it doesn't sound like you have much at the mo. :/

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Posted by cheekyfaerie

Posted by Stensco21

Posted by cheekyfaerie

Posted by Stensco21
Also I just changed jobs how will effect my employment when they ask at credit unions or for a balance transfer?

Ew. They're gonna ask your income and it doesn't sound like you have much at the mo. :/

I know

As soon as you can tho, a balance transfer to a 0 APR for 15mths or so will give you time to chip it down and keep rolling it over again.

My suggestions to you are:

1) sign up with Credit Karma. Totally free and they will give you the tools you need to slowly improve, on a daily basis, things that will ultimately improve your credit score. They'll even give you your odds of being accepted for certain cards, without your credit having to take a hit and then get denied anyway.

2) Digit. It's a savings account that sneakily takes out a little here and a little there, going off of your spending habits. You can set it so it won't make a deduction if your account falls below a certain amount. You can deposit more savings into it or transfer back into checking at any time.

Last year, with Digit, I managed to painlessly save $ 550 in less than 3mths. Can't tell you what a blessing that was when an unexpected "act of god" popped up not 2wks before my vacation!

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