No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I have a high-interest credit card due to rebuilding my credit after bankruptcy. However, I have been making payments on time and paying over the minimum but I noticed my fees are eating up the progress of paying down the balance. What should I do so the payments I make actually work toward lowering the balance?
@Anonymous wrote:I have a high-interest credit card due to rebuilding my credit after bankruptcy. However, I have been making payments on time and paying over the minimum but I noticed my fees are eating up the progress of paying down the balance. What should I do so the payments I make actually work toward lowering the balance?
Well let's get the obvious out of the way.....pay more. I don't know what card you have but you may be able to call in to get a temporary APR reduction.
Thank you for replying, I am paying what I can. I have a child in college so I am doing the best I can to work to lower the balance. I do plan on contacting the credit card company to see what they can offer. As I hate to keep making payments and most if it is going up in smoke towards fees that really don't help the customer nor the account.