Friday, March 12, 2010

Credit card bill makes me want to vomit!

Just got our new and improved credit card bill in the mail. Ugh..I so want to throw-up! We paid nearly $56.00 in interest for one month! I am really hoping to point this out to my husband when he comes home. I sooooo want to put everything we have on this and end it ASAP! Our card raised our rates from 12 ish to 14.24%. I am thinking we should see if we can find a transfer deal that is a better interest rate. Not sure where to begin on that...but I can't imagine we can not find a better deal somewhere!

5 comments:

  1. How did it go when you showed your husband? Sometimes seeing it in terms of interest rather than total balance or minimum payment, can help folks see things a little clearer.

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  2. I think he may reconsider. He knows I am truly disgusted with paying 50 bucks a month in interest. Our next paycheck is a week away. When we sit and do the bills we will review the possibility of paying a chunk to the credit card.

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  3. I am using CaptialOne, which has a 7.75% interest rate.

    You might want to check them out, but interest rates on credit cards are based on credit scores.

    Keep up the good work. You'll get there, eventually!

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