Pay high interest

Submitted by Anonymous (not verified) on Mon, 03/04/2013 - 10:53
Forums
Credit repair

I have spent more than what was my plan on Christmas gifts. What should I do now? I won't be able to pay the credit card bill in this month. I don’t want to pay high interest on the credit card.

sallynachelle

Contact with the credit card company and explain them about your financial condition. You may also go for credit card consolidation to replace your multiple bills into a single monthly payment. Your interest rate will also be lower.

Mon, 03/04/2013 - 12:22 Permalink
Guest (not verified)

I completely agree with Sally. You may go for credit card consolidation to pay off your credit card bills faster. This will also help you to lower your interest rate. Otherwise you can try to negotiate with your credit card company and set up a payment arrangement with them.

Tue, 03/05/2013 - 03:50 Permalink