I goofed up big time. I transfered a balance at 3.99% APR to a card that already had a balance at 0% APR. I thought that the 0% was for the life of the balance, but I was mistaken-- today I called to make sure, and it turns out the 0% APR expires this month, and goes up to 15%. Both balances are around $10,000 each.
So now I have $10,000 at 15% APR buried beneath another $10,000 at 3.99% APR. Is there anything that can be done about this (short of transfering all $20,000 to another card)?
You could try to obtain a short personal loan of $20,000.00 (30 to 60 days) where you handle your financial affairs and pay off Cap One. Once paid go back to Cap One and try another 3.99% balance transfer and pay off your personal loan.
Not sure the APRs for personal loans may be, but I would guess it would be lower than that 15% APR.
Sorry to hear of your dilemma.