@FairCredBen wrote:I have been there, but i have never not been able to pay a bill, thank god, i just feel like i am drowning in APR....
your cup analogy is brilliant..... spot on....
I am trying with a local CU to get an 8.59% APR Visa with a 15K limit to get all of these transfered to.... they told me my app would be processed by the end of yesterday, and i called today and they said it would be by the end of today... and well its already 2PM and they close at 4:30 .... i am not feeling too good about this.....
They keep asking me if i wanna refinance my home, or put it up for collateral (already have built up like 45k in collateral ... but that would defeat the purpose.... and i am not putting my home up for 10k worth of debt.... i would stab myself in the leg before i let that happen.
Well I hope you can get things to workout. I've also heard people recommending sites like lendingtree or prosper for loans. I've never had a loan from them, but from what I gather it's only worth it if you CS is at least decent. Of course, the better it is the more favorable the rates and terms are, but I imagine something like that might be a last resort if nothing else seems to work out. But from what I can see you might have a shot with your scores. Can someone correct me if I'm wrong, but I also think they do a SP when determining your rate and APR. Not sure if that's the case or if that's only to see if you would qualify or not, but in case you didn't know I was just throwing it out there. Anyway, good luck on getting it all sorted out.
Starting Score: 611 (02/28/2014 EQ MyFico) 608 (Barclays TU 03/28/14)
Im curious, have you check the pre-qualify for a Chase Slate? Chase was pretty excellent to me when I needed to consolidate all of my debt on to one card. You have to love the 0% for 15 months and the 0 fee to transfer it all to the slate. If you don't get approved for the amount that you want, I'm sure the extra HP for a CLI would be worth it so long as it was the amount you needed it to be. (Wouldn't be too terrible to move all of the balance to one "maxed" card, to me. But -- wait did you say you were buying a home? NVM on all that I said. LOL
@GoodCredBen wrote:
@KennyRS wrote:
Im curious, have you check the pre-qualify for a Chase Slate? Chase was pretty excellent to me when I needed to consolidate all of my debt on to one card. You have to love the 0% for 15 months and the 0 fee to transfer it all to the slate. If you don't get approved for the amount that you want, I'm sure the extra HP for a CLI would be worth it so long as it was the amount you needed it to be. (Wouldn't be too terrible to move all of the balance to one "maxed" card, to me. But -- wait did you say you were buying a home? NVM on all that I said. LOLSo i got word back from one of the local Credit Unions here, and *Drum roll*
I was approved for 10K with 0% APR for 18mo on transfers and 0$ Transfer fee with NO AF!!!! oh, btw the APR after that 18mo is *another drum roll please* 4.99% WOOHOO!!!!!
Gosh i feel great now!
I wont get any rewards for the transfers, but literally, just doubled my credit limits with 1 card..... CRAZY!
Wow, congrats! I'm really glad to hear it worked out for you. I knew it would work out, actually a bit faster than even I thought, lol.
@GoodCredBen wrote:it did happen fast! Going to sign paper here in about a half hour now!
Now that that has happened and my other card success.... i reached out to cap 1 about my oldest card (the $500 limit one) asking why it has been left behind since they have actively been upgrading my other cards.... and needless to say they asked me how much i wanted, i told them my income and everything and asked for 10k to match my other card, and he said oh that shouldnt be a problem, BUT!!!
he still needed to submit it to underwriting.... i will crap my pants if cap 1 takes it from 500$ to 10,000$ LOL
Oh yeah, i also got it upgraded to a quick silver no problem at all.
Wow, you're really on a roll, congrats! Let us know how it goes with Cap 1 as well, we're all rooting for you! 