Quote:
Originally Posted by BTC
If it's an option, you might consider consolidating the debt onto a lower interest card, or bank loan.
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Thas is what I did! I took a personal bank loan with the purpose of debt consolidation, they gave me 12% at 6 years to pay, no pre pay penalties.
I did it through my credit union. Give your bank or your local credit union a call and see what they can do.
Most importantly, is your current budget setup so you won't need to use your credit cards anymore?
All the best!
And, guys?, the conversation on whether the banks should be allowed to do this or that sounds like highjacking addicted.to.music's post. I think it is or should be covered somewhere else... just my two cents.