I have a credit card that I've been paying off for the last three years and have not been making any new purchases on because of the high APR (19.9%). Every year they have increased my total credit limit, which is now at $17,500. I have a balance of $1600 on the card (which I plan on paying off completely with my tax return). My FICO credit score is 762. I'm planning on calling them to try and negotiate a lower APR but I had a few questions I was hoping you could help me with. [more inside]
If I transfer my credit balance to a new card with 0% intro APR, does that theoretically mean I could pay nothing (with no penalties) for as long as the rate stays at 0%? Or am I confused about what it means?
How do I find out what constitutes a "good" car loan for a given set of circumstances? [more inside]
Need formula for APR with long/short odd days. [more inside]
I need a new credit card, but every website that rate/compares them looks like spam bait. Any suggestions? [more inside]
Credit card repayment question.... I'm helping a friend put together a credit card repayment plan/strategy and i want to double check that my common sense is right. Assuming 3 cards with similar balances and different APRs, (and we'll assume that those won't change significantly though I know they might), and a fixed amount available to pay each month. I think it makes sense to pay as much as possible to the card with the highest APR until it it's fully re-payed before moving on to the next highest APR, all the while paying the minimum payments on the other cards to avoid fees.... [more inside]
Despite the lender explicitly loaning me something interest-free and with no firm repayment date, I would like to offer a fair interest rate when I am able to repay them in the future. I'd like your help in figuring out what that rate would be, and your confirmation that I am applying the concept of compound interest correctly. [more inside]
I need some advice on how to handle some questionable conduct by my credit card company... [more inside]
DebtFilter: I've been paying a credit counseling company (law firm, actually) $60 a month for the past three years to make my minimum payments to the credit card companies I owe. They lowered my annual interest rate to an average of 10% and threaten that if I cancel their service, my interest rates will reset. [more inside]
My googlefoo is failing me: Hasn't anyone written a program that helps you figure out the best strategy for playing the "rotate credit card balances from one card to the next to take advantage of low APR offers" game? [more inside]
Yesterday, I paid off Citibank for the last time. Today, I logged in to verify it had posted, and noticed my interest rate had jumped 5.5%. Has my new regime of frugality displeased the overlords? [more inside]
I am looking for the best general student loan company. What are your experienes with specific student loan companies? [more inside]
How do you figure out daily interest from an APR on student loans due monthly? [more inside]
My credit card company just pulled a quick one on me. Despite my best efforts to resolve the situation with their customer service, I am going nowhere. What should be my next step? [more inside]
I have a credit card from a company that I quite like, but they've slowly been raising my APR. Every year, I get a notice that it's gone up a few more points. (Despite that I've got a great credit rating.) Last week, when I got the notice about the increase to 18.9%, that was the final straw. There are a bajillion credit cards out there, and the choices are overwhelming. How do I select a new credit card?