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Originally Posted by Jenn218  They can freeze your card? They didn't throw a fit over that? I always thought that card companies WANTED you to go into debt and spend and spend with their card because that is giving them money.....I never thought to have them lower the rates, let a lone FREEZE the card. I may have to give that a try. AND with that, all the money you pay goes towards your principal? No interest?? Wow! That sounds great!
And....congrats on getting yours paid down!! WAY TO GO! |
I guess, i mean this was and is my first credit card. I wasn't paying and they were the ones that called me and i basically told them im a college student, im working right now and and going to school full time so i haven't been able to pay much and they told me we can make put you on a program where you pay a set amount every month but we basically freeze your CC and you can't use it while you're on this program. So they told me to choose an amount i can pay def. every month and i told them $100 and they said whenever i can try to pay more than that so i can eliminate my debt faster. So it's been a couple of months and they don't charge me anything , i think it expires in February and then that's when they have to start charging me interest again but by then i will have it all paid off!!
So i have not used my CC in almost a yr and the debt has just been coming off!