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 Anyone have serious credit card debt issues?, anyone?

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jasontoh
post Jun 14 2008, 11:51 AM

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QUOTE(Jean72 @ May 30 2008, 12:22 PM)
Credit card is useful for emergency used, but it is strongly advisable to fully pay up the balance every month. The interest rate is way too high.

Tinkerbel is right, try to talk to bank to get a personal loan and clear it if the balance get too high...compare the interest before you do so.

Good luck
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I believe balance transfer will be a better choice for him. Now banks are desperate and will have all kinds of promotion for balance transfer. But of course one have be able to judge which one is the better choice. Personal loan interest rate is higher. Just my 2 cents.
jasontoh
post Jun 14 2008, 11:57 AM

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QUOTE(tinkerbel @ Jun 14 2008, 11:53 AM)
@jasontoh,
I don't think the question here's about taking a balance transfer, it's more like personal loan vs credit card loan; which is better? tongue.gif
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Balance transfer is still consider credit card loan, but it is pay monthly, just like installment. Am I right?
jasontoh
post Jun 14 2008, 12:02 PM

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QUOTE(tinkerbel @ Jun 14 2008, 11:59 AM)
@jasontoh,
Yeah but that's onli if TS is able to get a balance transfer approved  biggrin.gif
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Sure approved one. Nowadays banks are desperate
jasontoh
post Jun 25 2008, 09:43 PM

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QUOTE(tinkerbel @ Jun 25 2008, 07:32 PM)
@SeaMonster,
Y should we not apply for more than 2 CC's?
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I have more than 2. Still ok. 1 use for pump fuel, 1 for installment (if any), and I pay using credit card now and then to earn points. Btw, can use Citibank Shell card to pump petrol?
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