busenitz
Replies to this thread:

More by busenitz
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Best way to get rid of credit card balances
[VIEWED 6551 TIMES]
SAVE! for ease of future access.
Posted on 03-30-17 4:31 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

What are some possible ways to get rid of CC high balances when your a student and has a credit score of around 650?
 
Posted on 03-30-17 4:39 PM     [Snapshot: 11]     Reply [Subscribe]
Login in to Rate this Post:     1       ?     Liked by
 

Do not over spend and save money. That is the only solution.
 
Posted on 03-30-17 6:20 PM     [Snapshot: 130]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

If the credit card has high interest, try getting a personal loan to pay off the balance. Personal loan interest rate will be around 9% compared to high credit card rates. then you can make monthly payment for the loan like a car payment. that helped me control my high interest on cc
 
Posted on 03-30-17 6:32 PM     [Snapshot: 144]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

650 credit score ma personal loan kasaile didaina, unless he can find friends and hopefully pay them back, Which in most cases is rare. Also please dont take payday loans they have even higher rates than credit cards.
 
Posted on 03-31-17 9:07 AM     [Snapshot: 354]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Best way to get rid of balances would be to pay the card. That's probably the only way, unless you declare a personal bankruptcy.

Now what you can do, if you cannot pay the whole sum right away, is consolidate all the cards into a card that has lower interest. With your credit score, it'd be hard to find the ideal card - but shop around, you might find one. Idea is you don't want to pay high interest right now. Slowly work towards getting down to 0 balance. Don't fall into scams where they say they will wipe out all your credit. I don't know if it has ever worked, but you can try calling the company and negotiating a term of payment. Show them your hardship and say this is what you can pay.
 
Posted on 03-31-17 10:54 AM     [Snapshot: 409]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Well, with 650 score is very tough. Right now try not to spend on anything unnecessary and start paying towards those credit cards. Somehow if you can get your score to high 600's then you will get some credit offers with 0% APR on balance transfers.
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 30 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
मन भित्र को पत्रै पत्र!
TPS Work Permit/How long your took?
Guess how many vaccines a one year old baby is given
अमेरिकामा बस्ने प्राय जस्तो नेपालीहरु सबै मध्यम बर्गीय अथवा माथि (higher than middle class)
Travelling to Nepal - TPS AP- PASSPORT
Morning dharahara
Another Song Playing In My Mind
Does the 180 day auto extension apply for TPS?
1974 AD Pinjadako Suga Remixed
Susta Susta Degree Maile REMIXED version
Elderly parents travelling to US (any suggestions besides Special Assistance)?
कल्लाई मुर्ख भन्या ?
ढ्याउ गर्दा दसैँको खसी गनाउच
जाडो, बा र म……
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters