We'll never get out of debt!
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We'll never get out of debt!
| Fri, 07-29-2005 - 6:08pm |
One of my boyfriend's credit cards keeps raising his interest rate every month, and another one of his just sent him a letter saying they had been bought out my MBNA and they will probably be raising that interest rate too. We had some of my debt transferred to that card because the rate was so much lower than mine, but now who knows how high it will be! We just moved to a more expensive apartment so we definitely do not need this! Is there anything he can do? My interest rate is already at 20.99% so there's no hope for me...
Cheryl

you could try to get a consolidation loan from the bank. however, I think that require that you cut up and close your credit cards.
i'm sure others will post with more advice/suggestion.
MYM
Have you shop around some banks? Perhaps you can start with the one you do your banking at?
MYM
How long are you locked into your apartment?
All my best,
Danni