Hello all
So right now the only thing killing my credit is my utilization. Majority of it comes from one card with a 15k balance and a 15.5k limit. Unfortunately I am not able to pay more than the minimum, which according to the monthly statements will take me approx 56 years to pay off lol. Do credit card companies work with people to essentially shut down the card and just pay off the balance at a much lower interest rate? I'm not delinquent on the account and have never missed a payment, but I haven't used the card in akmost 6 months and can only afford the minimum payments so I've only knocked off like $300 at this rate. I have other cards too and am currently doing a debt snowball to pay them off, but I'd like to do a hybrid plan where I can knock out the big gun while knocking down the small ones too.
Thank you and sorry for the rant lol. Everyone here has always been very helpful.
