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FNBO CLD ****Master Thread****

BearsCubsOtters
Frequent Contributor

Re: FNBO CLD


@Joleybear wrote:

@M_Smart007 wrote:

@SouthJamaica, I know it is early, you may want to re-read OP's post.?

 

"I'm carrying a 0% balance of about 3k of 16,500 limit. They slashed my limit to 3150"

 


How can one have a 0% balance and a $3,000 balance at the same time?

I am still learning a lot about everything, so can someone explain it to me like I'm five, please?


@Joleybear  I believe this poster meant that they were carrying a 0% interest balance transfer. So, they owed $3,000, at 0% interest, against a credit line of $16,500.00. 

Message 311 of 312
Joleybear
Valued Member

Re: FNBO CLD


@BearsCubsOtters wrote:

@Joleybear wrote:

@M_Smart007 wrote:

@SouthJamaica, I know it is early, you may want to re-read OP's post.?

 

"I'm carrying a 0% balance of about 3k of 16,500 limit. They slashed my limit to 3150"

 


How can one have a 0% balance and a $3,000 balance at the same time?

I am still learning a lot about everything, so can someone explain it to me like I'm five, please?


@Joleybear  I believe this poster meant that they were carrying a 0% interest balance transfer. So, they owed $3,000, at 0% interest, against a credit line of $16,500.00. 


Ah. That makes way more sense to me. Thank you for the clarification! Smiley Happy

Message 312 of 312
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