[Show all top banners]

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 7465 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 365 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
TPS Re-registration
What are your first memories of when Nepal Television Began?
निगुरो थाहा छ ??
ChatSansar.com Naya Nepal Chat
Basnet or Basnyat ??
Sajha has turned into MAGATs nest
NRN card pros and cons?
Toilet paper or water?
TPS EAD auto extended to June 2025 or just TPS?
Do nepalese really need TPS?
Biden out, Trump next president, so what’s gonna happen to TPS, termination?
कता जादै छ नेपाली समाज ??
Nas and The Bokas: Coming to a Night Club near you
मन भित्र को पत्रै पत्र!
Will MAGA really start shooting people?
Democrats are so sure Trump will win
Anybody gotten the TPS EAD extension alert notice (i797) thing? online or via post?
Tourist Visa - Seeking Suggestions and Guidance
Top 10 Anti-vaxxers Who Got Owned by COVID
Nas and The Bokas: Coming to a Night Club near you
Mr. Dipak Gyawali-ji Talk is Cheap. US sends $ 200 million to Nepal every year.
Harvard Nepali Students Association Blame Israel for hamas terrorist attacks
TPS Update : Jajarkot earthquake
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