Just a little background on my issue - Just turned 30, never really had a handle on my finances in my 20's and got myself into $11,000 in credit card debt. Score went from 690 to 607.
I looked into getting a balance transfer card or a debt consolidation loan to help with my payments but I was not able to obtain them due to the fact that my score and/or my income is too low. Currently making $16.00/hour in FL. The credit card interest rates are what are killing me. Every time I make a payment, interest kicks in and basically negates it.
The below is a list of my credit card interest rates:
Card a: 23.90% - Opened 2013
Card B: 23.90% - Opened 2014
Card C: 22.90% - Opened 2015
I am looking to increase my income to help with this but I saw posts saying that I could ask the credit cards for a reduction in rate. How successful have you guys been with this? Are there any additional things I could do with the credit card companies to help me back a bigger dent in my debt?
Submitted November 20, 2017 at 12:09PM by Layered_Cake http://ift.tt/2zSTLYs
