Tag Archives: interest rate
- What Are My Options For Getting Bank of America to Lower my 27.99% Credit Card Interest Rate? – Chris
“Dear Steve, My situation concerns Bank of America. Last november BoA lowered my limit from 16000 to 15000. at the time my balance was around 14700. When my minimum payment hit me it sent me over my new limit and defaulted me and I was charged with a 27.99% interest rate. The extra interest fees [...]
- I Would Like to Consolidate My Debt, However I’m Having a Difficult Time Finding Someone Who Will – Laurie
“Dear Steve, I am current of all of my debt. Do not have any past due debt. I do have about 25,000 in credit card debt and would like to consolidate, however am having a difficult time finding someone. Also, my main problem is that I have a Bank of America card fo 12,000 that [...]
- What You Need to Know Before You Refinance Your Home to Pay Off Debts
Consolidating your debt with the equity in your home can be a terrific money-saving strategy. The interest rate may be much lower than you’re paying on your other bills and, if you itemize on your tax return, you can usually deduct the interest you pay – making the effective rate of the loan even more [...]
- Should I Lease My Next Vehicle?
Searching for that perfect car or truck is not such an easy task anymore. Every auto dealer has a special deal just for you — and that deal is not all that easy to understand. Before you go shopping for your next vehicle, think about whether you want to lease or buy and make sure [...]
- How to Get All the Cheap Credit You Want
Today, the average person pays between 16 and 17 percent on credit card balances. While interest charges may seem low when you look at the monthly charge on your statement, over the long run they can really add up. In fact, the average person can put a hundred bucks or more in his or her [...]
- I Am 60K in Credit Card Debt And They Are Raising My Interest Rates. – Teresa
“Dear Steve, I am in 60k in credit card debt. All payments are current but am reaching the point where the payments could start slipping. I’m receiving notices from the credit card companies that terms are changing. With this kind of debt, I could be in real trouble soon. I need one payment and then [...]
- Bank of America is Charging Me 27% on My Credit Card. – Melinda
Melinda “Dear Steve, I made late payments a couple of times on my Bank of America Visa card. Now my interest is at 27% on $11,000.00. I cannot afford the payment minmum that they require. Should I try to talk them into lowering my interest rate back to a something more reasonable? Does that usually [...]
- Recent Searches for Debt Advice
I thought you might be interested in some recent search requests from visitors. It helps to give you a snapshot of what is on the minds of people looking for help. hide phone number from debt collectors how to get out of deebt experts advice on getting rid of debt better management of credit rating [...]
- Credit Counseling Seen as Little Help in Bankruptcies
Counseling seen as little help in bankruptcies Columbus Dispatch, OH - 4 hours ago Transferring credit-card debt to a card with a zero percent interest rate offer, for example, is nearly impossible for someone with delinquent payments. …
- Lower Your Car Payment. Skip It, Lower Your Interest Rate and Get Cash Back
Here is a little financial tip that I’ve used in the past but I keep forgetting about. Refinancing an existing auto loan to lower interest rates and monthly payments. I just got an email that a client was instantly approved for an auto loan refi and that’s good news. You see when this particular person [...]
- I Just Got My Job Back, and I Am Playing Catch Up on My Bills. – Nicole
“Dear Steve, I just got my job back, and I am playing catch up on my bills. Between my husband and I, we have about $2800 in credit card debt. I tried calling to get my interest rate lowered, but all they said was when an offer comes aound that you qualify for, then we [...]
- I Did Not Realize That the Interest Racks Up on a Credit Card Bill. – Susan
“Dear Steve, I did not realize that the interest racks up a credit card biil like it does. One late payment (about 1 hour late) has made my interest go up to astronomical proportions. I haven’t used my card in over a year. I pay regular payments, my bill goes even highr with each payment. [...]
- One in Three Consumers Spanked By Their Credit Card Companies
San Francisco, CA – March 2, 2009 – According to a new survey for National Consumer Protection Week (March 1-8) from Credit.com, a third (33.7%) of consumers say their credit card company has made one or more of the following changes to their credit account: Increased their interest rate 15% Increased their minimum payment due [...]
- Dayna Can’t Afford to Keep Her Car Or Get Rid Of Her Car, Even By Repossession
Dayna “Dear Steve, I have an upside down auto loan that I owe about $27,000 on a Mazda car and my monthly payments are $500 per month for 7 years with about 12.45 percentage interest rate. I am unable to refinance my auto loan because my credit is not that good and I owe too [...]
- Bank of America Offers “Clean Sweep” Debt Consolidation Loan Up to $50,000. Let’s Look at The Facts And See Who Is Really Cleaning Up.
In this time of great economic worry and stress, Bank of America is sending out an offer they call their Clean Sweep® – Bank of America® Debt Consolidation Plan. I thought it would be beneficial to take a close look at this offer and use it to help educate readers about what to look for [...]