Re: Providiots trying to raise my interest again and rant
- From: "Medic1455" <medic1455@xxxxxxxxx>
- Date: Tue, 2 Aug 2005 12:22:55 -0500
Yuppers, I did some of that too...
I went one step further by putting my requests for
closing the account and contacting the big three
credit
reporting agencies in writing and sending it to my
cards
when I closed them down.
Also, if you've
been a customer for a while and haven't had
any late payments, you can call your credit card
company and have your interest rate lowered in
many
instances.
--
Steff
Medic1455
3/4 DOF....OF+HOF+QOF!
Yeah, that's 1 year and 9 months of
no cancer sticks!
"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.
>>>>> >>
>>>>> >
>>>>> >
>>>>>
>>>>>
>>>>
>>>>
>>>
>>>
>>
>>
>
.
- Prev by Date: Re: Providiots trying to raise my interest again and rant
- Next by Date: Re: Providiots trying to raise my interest again and rant
- Previous by thread: Re: Providiots trying to raise my interest again and rant
- Next by thread: Re: Providiots trying to raise my interest again and rant
- Index(es):
Relevant Pages
|
Loading
