Comments on: Free Money Or Credit Card Debt?

By: mister ed

mister ed — Mon, 23 Nov 2009 16:23:59 +0000

no — but your can quit charging an pay more than the required amount!!!References :

By: voluntarheel

voluntarheel — Mon, 23 Nov 2009 16:21:59 +0000

Not in this economic climate I'm afraid. Your best bet is to call the credit card companies and see if you can get your interest rates lowered. Tell them you get credit card offers everyday from other companies and they are better then the one you have right now. But if they could lower your rate then you'll stay. 9.9% is probably the best rate you can get right now. Then you need to go out to your library and pick up a copy of Dave Ramsey's Total Money Makeover. He'll walk you through a way to pay off those stupid cards and be done with them for good. Dave will change your life.References : www.daveramsey.com

By: john p

john p — Mon, 23 Nov 2009 16:19:59 +0000

BWAHAHAHAHAHA, You crack me up!

U have 2 credit cards & $6,0000 in card debt and NOW you wanna know if there's any free money lying around ( I assume if it's interest free & no charges you'll probably pay it back when you're 87 years old).

HAhahahah. Sure there's plenty of free money. Go ask the tooth fairy. She's always giving out free money. ( She may, however, take all your teeth).

BWAHAHAHAHAHAAReferences :

By: Luke 6:37

Luke 6:37 — Mon, 23 Nov 2009 16:17:59 +0000

Ask your family and give it to them in writing. Pay them interest of 5% to keep up with inflation. Otherwise you can find a 0% (for a certain timeframe then rate goes as detailed in terms) interest credit card and transfer balance. I hope you aren't still charging on the card. If it is more than one card pay minimum on the lowest interest card and put as much as you can towards the highest interest card. Do this and you will save money (interest you would have paid) in the long run. It won't happen over night but if you change the way you live you will be out of this debt and then you will have learned a lesson. Then that money you would have spent on credit card, put it away in savings or investments and let it work for you.References :

By: baserunner316

baserunner316 — Mon, 23 Nov 2009 16:15:59 +0000

you need to CONSOLIDATE. then you need to lock up your plastic, pay your checking account overdraft fee then manage a debit account.References :

By: swg4fnc

swg4fnc — Mon, 23 Nov 2009 16:13:59 +0000

Pay attention to all the details.. If you don't things will get worse.

====Understood?====

Open a credit card that offers no interest for a period of time. Perhaps a year. Transfer the $6K to that card. There will be a fee… Usually about 3% or $50.

This is the sticky part… paying attention?

DO NOT USE THAT CARD FOR ANYTHING. Throw it away.

If you make purchases on that card you will be paying interest on that item until all of the $6K is paid off.

Pay off the $6K as quickly as possible

DO NOT BE LATE WITH A PAYMENT.

If you are late w/ a payment or exceed your limit…say good bye to 0%.

You can beat them at their own game, so be determined.References :

By: hulagirl101194

hulagirl101194 — Mon, 23 Nov 2009 16:11:59 +0000

I suggest you save your money (try dave ramsey program)References :

By: Broncos88

Broncos88 — Mon, 23 Nov 2009 16:09:59 +0000

So basically your looking for someone to just give you money and you can pay it back for nothing?

The only place I can think of that would make that sort of arrangement is your family or parents. No bank or lending company would ever make that sort of arrangement with you.References :

By: acermill

acermill — Mon, 23 Nov 2009 16:07:59 +0000

Huh ? I suppose if you can find someone to lend you $6,000 with no interest charges, you could do that. But it would most probably be a very kind relative. I can't imagine anyone else doing it.References :

By: Jump

Jump — Mon, 23 Nov 2009 11:05:20 +0000

I have $6,000 in credit card debt.Is there any way i can borrow money interest free and no charges.?So i dont have 2 keep accruing interest on my credit cards.