Just got rejected by C/C company!
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|Tue, 05-27-2003 - 9:43pm|
Here's the problem: I'm out of work (don't qualify for unemployment) and I'm living off of my savings which I was putting away to pay off my debt. I had almost $15,000 and now I'm coming close to $8,000. I have to use c/c because I don't have an income and I don't want to pay cash outright. Although I am paying off my credit cards in full when the statements come in because I can't bare to wrack up anymore c/c debt.
I was going to transfer an $8,000 c/c balance to the new c/c, I still have another $9,000 on the second card. I have to pay one by June 3 or get charged a 14.99% APR!! I have one last chance to switch the balance due to an existing c/c for O% APR for six months. I just put in for a credit line increase. If they don't give me that I will have to pay $1500 and transfer the rest.
This is the first time I was ever denied a credit card and it just occurred to me. I've been transferring balances for over 2 years and eventually I'm going to run out of credit card companies! I think I may have to go back to waiting tables (which I did throughout school) if I don't get something soon. Who said having a Master's degree was going to provide me with job security?? AHHHH, I'm getting so incredibly frustrated.