topic Re: Getting out from under the burden of Wayfair card (Comenity) in Credit Cards

Getting out from under the burden of Wayfair card (Comenity)

avp99 — Wed, 15 May 2019 18:12:22 GMT

So 11 months ago I bought a new home. of course, once you buy the house, you have to furnish it. So I applied for the Wayfair card through comenity. All the stuff I bought did not have the incentives and every time I would pay the monthly bill it was just killing me see such a high-interest rate. Anyway, I received a letter from Discover offering different balance transfer solutions. I went ahead and took one of the options and for the next 18 months, now I can get this paid off without the crazy interest rate. I know that I just shifted debt from one place to another, but the new place is %0

Re: Getting out from under the burden of Wayfair card (Comenity)

pinkandgrey — Wed, 15 May 2019 16:29:17 GMT

The new place is great! Discover is awesome. Congrats!

Re: Getting out from under the burden of Wayfair card (Comenity)

CreditInspired — Wed, 15 May 2019 19:00:28 GMT

@avp99 wrote:
So 11 months ago I bought a new home. of course, once you buy the house, you have to furnish it. So I applied for the Wayfair card through comenity. All the stuff I bought did not have the incentives and every time I would pay the monthly bill it was just killing me see such a high-interest rate. Anyway, I received a letter from Discover offering different balance transfer solutions. I went ahead and took one of the options and for the next 18 months, now I can get this paid off without the crazy interest rate. I know that I just shifted debt from one place to another, but the new place is %0

Oh but now you can breathe. That's the way to do it!

Re: Getting out from under the burden of Wayfair card (Comenity)

AverageJoesCredit — Wed, 15 May 2019 19:39:19 GMT

Comenity cards can be excellent but they are usually best to pif as their aprs are ridonkulous

Re: Getting out from under the burden of Wayfair card (Comenity)

Adkins — Wed, 15 May 2019 19:43:02 GMT

Congratulations on the 0% card, and getting away from the high interest!

Re: Getting out from under the burden of Wayfair card (Comenity)

WowCool — Wed, 15 May 2019 20:59:06 GMT

Nice move!!! Congratulations there!!!