| Mar 04 |
How to pay off Credit Cards?
If the debt in the form of a credit card, in accordance with the provisions, minimum payment is 10 percent of the final balance. If you are in a difficult condition to pay the minimum amount, could have filed a request leniency in the bank. But, usually this will take time and may not be approved. Because, in principle, whose name the debt must be paid in accordance with the agreement that you agreed with the bank. Advice from me, problem analysis what happened so that you cannot pay the minimum amount. If the problem is permanent, such as losing a job, then you should apply to credit card balances converted into credit without collateral. In other words, you make new loans without collateral, credit schemes, and then the loan is paid to pay off credit cards. Now, the credit in the form of loans without collateral magnitude usually has a smaller mortgage, but fixed. So, when it agrees with a certain number of installments, the installments must be paid that much, not less and not more. (more…) |
