2nd Mortgages
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| Tue, 10-19-2004 - 7:38pm |
So far I've figured out that my overall debt will go up by $650.00, a price I'm willing to pay to get into a less stressful situation, give myself a bit breathing room in case an emergency does come up (I will be without any credit cards once the papers are signed) and to get the lower interest rates.
I also know I'll be responisble for some leftover interest, which in the past I've always called the cards and said "I paid the balance in full could you please credit that last bit of interest" which they have always either done or met me halfway. But to be on the safe side I've budgeted for what the full interest amounts would be just in case.
I've also found out when my first payment is due and have adjusted my debt worksheets accordingly. Is there anything else I am missing here?
Thanks!
Tamara
Edited 10/19/2004 7:40 pm ET ET by hrhtamara

Thanks for the tip on calling about the leftover interest. I've always just paid it--it never occurred to me to call and ask that it be waived. I did, however, recently discover one of the benefits of having good credit (repaired over the years from really crummy credit a few years ago)--when I paid a cc a couple days late (an oversight) and they bumped my zero percent interest up to fourteen percent and charged me a late fee, I called and protested--and they waived it all! I guess they know I can just transfer balances over to other cards now, so they'd rather have me in debt, even if it is free for me for now.
Anyway, sounds like you're on the right track. Wish I had more to offer.
Blessings,
Heather
Hi Tamara,
I've not ever done this, so I'm not sure what sorts of issues you may run into.
All my best,
Danni
Thank you,
Tamara
All my best,
Danni