Jamesus81801 wrote:I currently have 2 Cap One cards, one has a $500 CL (with $49 ann fee), the other $750. 14.9% on the $500, recently reduced 8.9% on the $750. I called to have the higher % reduced and to have the Ann Fee removed, I was offered to combine the two CLs and take the lower %, which would close the card with the Ann Fee. I've never heard of this and was curious what this might do to my credit.
Jamesus81801 wrote:Actually at this point they are both at $0, I was recently able to apply for,and get approved for, a LOC with BoA with a co-signer to consolidate all of my high interest CC's.