Re: Providiots trying to raise my interest again and rant

maybe i'll try balance transfers as i get open credit available. THink it'd
be a wise decision to transfer balances on new cards with zero percent and
close my other accounts as i do it. That is, if i can get other cc's.
"Anne D." <anned@comcastDOTnet> wrote in message
news:kamdnRzB7vH2SnXfRVn-hA@xxxxxxxxxxxxxx
> Just a few more bits of semi-unsolicited advice:
>
> Rather than paying off the smallest balances first, pay off the ones with
> the highest interest rate. Destroy the high-interest cards BEFORE they're
> paid off so you're not tempted to use them once some credit is available.
>
> As the balance drops, contact the CC company and ask them to decrease your
> credit limit. Your total available credit affects how much lenders are
> willing to loan you, and at what rate. Once a balance is paid off, be
> sure to call the company and have the account closed so it doesn't reflect
> on your credit report any more.
>
> See if you can transfer balances from high-interest accounts to
> low-interest accounts. Some CC companies offer 0% interest on transferred
> balances, so read the fine print.
>
> --
> Anne D.
> OF+9M
>
> "Bryan" <bekberg@xxxxxxxxxxxxx> wrote in message
> news:Ej%Fe.28561$wj5.13242@xxxxxxxxxxx
>> it's not nice to know you were to in same situation, but it's nice to
>> know you've been where i am and was able to deal with your debt. I'm
>> going to wipe out my providian mere fact they pissed me off and it's a
>> small balance. Wipe out Walmart, which is another small balance. Then
>> Then I gotta Wells Fargo card high interest due to cash advances when i
>> was poor last year. Wipe that out. Them three are my smallest balances,
>> but wells fargo is up there some. Rest of debt is high balance i'm
>> paying extras on the cards with the highest rates. So it's kinda a cross
>> between you and cobras idea. It's still going to work out where cards
>> with lowest balances are paid first with one exception. Got about 15 k
>> credit card debt, think i can get it in 3 years without having to do
>> something that negatively affects my credit. I have loans and the next
>> 1.5 years i'll have two personal loans paid off. I have a student loan
>> i'll be paying that for life, but that's life. Things will work out.
>>
>> Bryan
>> "Medic1455" <medic1455@xxxxxxxxx> wrote in message
>> news:GdadnZJQLsj9XHrfRVn-iA@xxxxxxxxxx
>>>I did it the exact opposite of you Bluey...
>>> I started with the smallest balance on my cards
>>> and then killed those one at a time until I had
>>> only my largest balance left. Each time
>>> I killed a card, I would close down the account
>>> and take the payment I was
>>> making to that card and add it to the payment of
>>> the next lowest balance card....Once that was paid off,
>>> I would take that payment and add it to the
>>> next...Before I knew it, I was taking all the
>>> payments of my previous cards and adding
>>> it to my big balance card...Took me about
>>> 3 years to kill 25K in credit card debt.
>>>
>>> I closed down ALL of my department store
>>> cards and lowered the limits on my remaining
>>> 2 cards...My discover is at 8500 limit (They
>>> just raised it from 3500 so I need to lower it
>>> again) and my visa has a 3000 limit...
>>> Down from 15K and 10 K respectively...
>>>
>>>
>>> Now I only use discover to get the cash back,
>>> and itemize where I'm spending my money...
>>> I pay it off each month.
>>>
>>> --
>>> Steff
>>> Medic1455
>>> 3/4 DOF....OF+HOF+QOF!
>>> Yeah, that's 1 year and 9 months of
>>> no cancer sticks!
>>>
>>> "BLueCoBra" <bluecobra@*nospam*intergate.com> wrote in message
>>> news:11edb9eln350jb3@xxxxxxxxxxxxxxxxxxxxx
>>>> Figure out how much you would've paid for cigarettes in a week and have
>>>> that
>>>> amount direct deposited from your paycheck into a new account, one that
>>>> you
>>>> won't use for anything else. Use that ONLY to pay off your debts. Start
>>>> with
>>>> the card that has the highest interest and/or balance. Work on that one
>>>> until it's down to zero, cut up that card and then move on to next
>>>> highest
>>>> interest/balance card and repeat.
>>>> When you knock off all your cards, DO NOT CHARGE anything anymore
>>>> (unless
>>>> you can handle a monthly c. card like American Express and only use it
>>>> for
>>>> essentials like gas or food).
>>>>
>>>> Keep the direct deposit going and build up the amount in bank
>>>> account.....
>>>> OR stop dir deposit going into bank account and open up an account at
>>>> sharebuilder.com.
>>>> Have same amount of money direct deposited into that instead.
>>>> Pick stocks that are going to do good for the long haul (do your own
>>>> research, pick what you're comfortable with)
>>>> Wait for Real Estate crash in a few more years, buy one or two
>>>> multi-unit
>>>> investment properties and be a millionaire by the time you retire.
>>>>
>>>> BC
>>>> ('cause I'm doin' that too!)
>>>>
>>>> Did It, Done It, Liked It, Loved It For 6M 2D 17h 26m 29s (183 days).
>>>> Stuffing my wallet with $298.55 by not smoking a big pile of 4,593
>>>> cigarettes. Regaining 2W 1D 22h 45m of my wunnerful life. I took
>>>> control of
>>>> my life on: 1/24/2005 12:30 AM HOF+
>>>> ¸,ø¤º°`°º¤ NAR Certified ¤º°`°º¤ø,¸
>>>>
>>>>
>>>> "Bryan" <bekberg@xxxxxxxxxxxxx> wrote in message
>>>> news:v6uFe.10$xT2.1@xxxxxxxxxxx
>>>>> Congrats Chuck.. Any advice on how to get debt free. My plan it's
>>>>> going
>>>> to
>>>>> take about 20 years. Lemme know.
>>>>> "Charles B. Summers" <charles_summers@xxxxxxxxxxx> wrote in message
>>>>> news:GaqdneQNYrwTyXvfRVn-oQ@xxxxxxxxxxxxxx
>>>>> > Proud to say that after some VERY hard times with the credit card
>>>>> > companies... that I'm Credit Card Free! Life is easier...Get rid of
>>>> those
>>>>> > things as soon as possible! I hate to hear about someone getting
>>>>> > screwed
>>>>> > like that!
>>>>> >
>>>>> >
>>>>> >
>>>>> > "Anne D." <anned@comcastDOTnet> wrote in message
>>>>> > news:lYGdnfQd-v_2rXvfRVn-ig@xxxxxxxxxxxxxx
>>>>> >> I've been thru that same nonsense with CC companies too - one CC I
>>>>> >> had
>>>>> >> for over 10 years abruptly changed my terms to payment due 16 days
>>>> after
>>>>> >> closing date, $29 late payment fee, and 21% interest. I got burned
>>>> once
>>>>> >> on the late payment fee, and I called them to terminate the card.
>>>>> >> They
>>>>> >> got all nice on me, changed payment terms, refunded the $29, and
>>>> dropped
>>>>> >> my interest rate to 5.9%.
>>>>> >>
>>>>> >> --
>>>>> >> Anne D.
>>>>> >> OF+9M
>>>>> >>
>>>>> >> "Bryan" <bekberg@xxxxxxxxxxxxx> wrote in message
>>>>> >> news:y0mFe.208$si5.134@xxxxxxxxxxx
>>>>> >>>I posted before about one of my credit cards raising my interest
>>>>> >>>rate
>>>>> >>>from 8.9 to 21%. Now they want to raise it to the highest legal
>>>>> >>>limit
>>>>> >>>which is like 30%. Ok without getting in too much detail i have a
>>>>> >>>perfect payment record on all debts past and present, never paid a
>>>>> >>>bill
>>>>> >>>late in my life. I mean NEVER. So i have the option of opting out
>>>>> >>>and
>>>>> >>>closing my account and i'll be paying the 21%, which was 8.9 two
>>>>> >>>months
>>>>> >>>ago. Balance isn't that large, so it's not really a big deal money
>>>> wise.
>>>>> >>>Being an honest type person i am it really pisses me off. Them are
>>>> very
>>>>> >>>unethical business practices in my opinion. All it takes is a
>>>>> >>>greedy
>>>>> >>>CEO. There is no reason for the greed of that company. I did
>>>>> >>>further
>>>>> >>>research they are notorious for unethical business practices like
>>>>> >>>that.
>>>>> >>>My advice don't do business with providian national bank. I'm
>>>> surprised
>>>>> >>>i noticed it in the statement. It was fine print, believe me, most
>>>> people
>>>>> >>>would've missed it.
>>>>> >>
>>>>> >
>>>>> >
>>>>>
>>>>>
>>>>
>>>>
>>>
>>>
>>
>>
>


.

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