@@ethansky1234 Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail [Gibbs@creditpatchup.com] and thank me later.
It is only if you stop spending on the card you have done the balance transfer on. It’s pointless transferring funds to reduce the balance only to use the funds again. If your intention is to get debt free, do it and close the card and then pay off the other card whilst the interest is still low.
I need help I have 48k in debt all revolving over 5 cards my total limit is $71k my utilization is about 72% should I file bankruptcy or try to get some trade lines and installment accounts as I currently have none my scores are about tr 638 Equ 660 Exp 680 not much lower because I have had credit for about 25 years
You can: sell personal items u no longer use or need, use income from overtime pay, use income from a part time job, rent a room out your home and use that income to pay off your cards. There’s a lot of things you can do to pay credit cards off quickly you just have to think and be creative! 👍
Except balance transfers only work if you have a really good credit score, and most people with credit card debt don't. Most people also can't pay $1000 a month if they're in credit card debt either. A little out of touch to me.
Tommy, you make it sound so easy, but you fail to address the most important factor which makes your whole video obsolete. 😂 Debt to income ratio is real. You can't pay X amount of money towards a card if you make less than that. You claim you pay $500 a week at one point in the video. That's $2000 a month. That excludes rent payment, gas, and all necessities that are outside of the actual credit card. If that is your entire income for the month for some people.... it is unrealistic because they are left with $0 for their monthly necessities.
@@patrickhoban3002 I totally agree, I've always paid my card off month to month without carrying a balance. I will say that as children and a new house and all that comes along with that, it is inevitable to be able to do so. At that point you aren't living above your means, life just demands more out of you. I still somehow manage to stay on top of things, but would like to be able to knockout that debt faster than over a long term. This advice given is unrealistic.
The hardest part about this? Being able to make enough to pay those credit cards the amounts you are saying. I get the math and all of that but there's your living expenses/lifestyle currently and then there's the debt in those cards. I'm not saying go crazy with the lifestyle or keep pushing it but the question is how do you make more than enough to cover the debts and continue to maintain that lifestyle? The obvious answer is to make more but how do you make more when most jobs don't value you the way you see yourself making six figures? And most businesses' start-up costs are not exactly cheap. Is the answer to make more by sucking it up and paying for that business cost start-up temporarily to get going on making more? Or work multiple jobs? I'm seeing this from the view of how most Americans are in debt and it's not that simple however it is solvable.
Thanks for the video. I’m right on track. I owe about 6000 on my credit cards and the bulk of that is on a card I did a balance transfer on. I pay around 750 a month toward my debts.
That is so important. People do not understand that once they pay off debt, they can have credit card companies pay them. Credit Card companies make there money off of finance charges. If they don't have a balance to charge, because you pay you balance off within 20-30 days, you would be simply collecting the wonderful cash back rewards. It takes discipline, but it works. I hate hearing folks talk about it like it is nothing. (Ex. D. Ramsey) Free money is free money. Take it. There are wealthy people that know how to make things pay for itself.
Hello Getting ready, to start this method now. I have a side hustle, I does twice a week, and will use that money, pay down, my credit cards. I believe, this will work for me
Paying the card with the highest APR will NOT always save you more money. Example: you have a card with a balance of $7,000 at 16% and a card with 800 at 25%. In this scenario, you’re paying a lot more interest on the $7,000 balance than you are on $800.
Thank you for the help! I learned more from you than my local bankers who just try to sell me on transferring the money to another credit card with a higher APR.
can entrust you to Credit Patch-Up LLC smart service because he helped me and my wife remove our past eviction from our credit report and I just got approved for another card worth $30,000 limit and he cleared my friend credit card debt, he's 100% Real and Legit i assure you of a job well done from him you can reach him thru via [Allen@creditpatchup.com] he can also remove any negative item off your credit report: Bankruptcy, Tax Liens,Public Records, Evictions , Student Loans, Mortgage, Late Payments, Credit Card Late Payments, Charge Offs, Collections, he's one a kind go check him out you won't regret this
A better way, I think and how I've been doing it, is to pay off the card costing you the most interest per month. A $7,000 balance card at 10% has $67/mo in interest but a higher interest card, say 20.9% with a $600 balance only has $10.20/mo in interest. Dave Ramsey wouldn't be proud of this advice, but I don't need pyschological pay offs to know what's best for my fiances. Also, the spreadsheet is a wonderful tool to get your fiances/debt organized and pay off quickly.
Very good information! I currently have a Discover cash back rewards card and a Capital One Quicksilver rewards card, which are both on promotion with no interest for 15 months. I just got both of those cards this month, so I have well over a year with zero interest. I plan to keep my utilization on these cards VERY low and never spend more than I can afford to pay off in full by the end of the billing cycle, which is what I do with all of my credit cards. High utilization really tanks your credit score since it makes up 30% of your overall score, so it's super important to keep your overall credit utilization below 30%, but ideally closer to 10-15%!
23K in debt about 75% of it is 0% APR over the next 1.5 years. Other 25% is consumer debt and some business expenses from last year! Hoping to have all of this paid off by end of year.
wow, crazy to revisit this, it went good, paid off almost all of the consumer debt, the remaining 0% debt was accunlated more recently so in terms of the original goal, it was resolved@@MafiaHitmanX4
Useful information. To make it more clear, as a suggestion, give a practical example. For me, say I want to upgrade a kitchen in my house. Cost is $25,000 (broken into 10K, 10K, and 5K. Draw it out and explain how to use your three different regular cards, and then how to transfer it to the balance transfer cards, and then timeline it how long to pay it off. Make it a type of dummy's guide. Just suggestion. Awesome video, learned a lot.
Tommy, yes this video absolutely makes sense to me!!!!! U have no idea how much u have helped me on this subject!! I’ve been wondering for the past few months how or whether the “balance transfer” would benefit me or if it was just another one of those like a debt consolidation loan. Thanks to u I got my questions answered. U are a blessing young man, truly a blessing!!! Sorry I’m just recently getting to know u. Ur very very knowledgeable and I have and am learning a lot from u. Again, thank you!!!
So I wrote it all down..I only have two credit cards. Both of them have a interest rate of 29.24%. One has a balance of 700, the other is 350. Which one would you attack first since they have the same interest rate?
7 years is not a very long time and within a couple of months these companies are offering you new credit cards. The only problem is some of these collection companies are a group of attorney. If the debt is high enough they will go to court to collect. If they do take you to court file a Motion to Compel Arbitration immediately after you are served. This will remove the process from the courts and the collection agency has to run with the costs of arbitration, which are costly. During the housing market crisis I could not afford my debt and was in collections for 7 years. It went by fast and within months of defaulting I was getting credit card application in the mail. Credit card debt is increasing because of high inflation and there will be much defaulting on mortgages, loans and credit card debt.
Hey I have credit one $550 limit 26% Self 800 Milestone 700 Legacy $400 . And I don’t pay interest on none of em but i also don’t bottom em out I have a couple times with credit one but I’ve always paid it back before the statement date. And not to mention I’m new to credit just starting 6 months ago literally because I had no credit age r use and got denied for a purchase. Lbvs thanks again 💪🏾
I am glad I listen to your video tonight It makes big sence, to do this method, and see what the outcome will be. I have a quiestion. 2 of my credit cards, do not have there APR on the statement. But the rest of my credit cards does. What do I do from there? I have written down , all my credit cards company, I owe. And I see the one, that age the highest.
So I owe on a credit card 💳 that I’ve only used this month once and minimum payment is $34 a month until promotion ends I get paid $22 an hour I really just wanna go ahead and pay it off so I’m not hurting my credit score I wanna buy a house one day
48k I owe on revolving credit. Most of it due to Cancer dx so now I’m currently on SSDI making it very difficult to pay it all back Discover card 17k , Macy’s Amex, AE visa, BOA 23,500k Chase Slate 2k Highest interest AE visa 28% 5k
I was in a similar situation a few years back. Call the banks and explain your situation. Some of the banks may reduce your interest temporarily. It really helped me out. Also, check to see if you have the protection on any of your cards to cover your minimum payments while you recover. Good luck to you and I hope you recover.
I have about 15,000 in cards. And pay about $350. No doubt 340 goes to Interest. But I got a better job so hopefully I can pay it down/off in a year or less.
Is there any hope or method to get out of debt with all cards mostly maxed out, fixed income, and a score of 580? Does it help to call the cards? Is letting them know you are in this situation a bad idea?
How do you do this if you are a senior citizen and can't get a side job due to health issue. I only owe $7000, income $1800 rent $800, etc... I'm making minimum bills but interest rate is 29% I understand to call creditor to get lower interest .. my amount never decreased. Help
Thank you for your valued comment. Yes, you can find more on our customers service at clintontech05@gmail.com just a mail to start your application process immediately thank you!
Dude, i disagree with you!! Remember that it is not always best to pay the card with highest interest!!!. Sometimes its best to make some payments on the MAXED OUT card first so that your credit score GO UP. After that you have more chance of getting that 0% card for the BALANCE Transfer!!!
Need advice. I haven’t been able to pay my credit cards for a few months. The minimum payment are pretty insane now and I won’t be able to Pay them either. What would you recommend me to do? Pay the credit card company even thought they are still closing my accounts or Go consolidate my debt? Thanks in advance and have a blessed day.
Ok so what if you have 400 credit limit with a high apr rate and you pay off the balance in two weeks would the apr lower & how much would the Apr decrease?
What are the benefits of a balance transfer of $300 from Cap.1 to Discover It card with 0% interest for 12 mnths? Will this increase or decrease your credit score?
Most people use Credit Cards wrong to begin with. Buying crap! Credit cards are for building Credit for investments, etc. Most of the junk we buy, has 0 value. Buy used, refurbished goods, swap goods for service, etc. Try not to buy non necessities. Food, medicine, shelter, transportation is fine. Lol. If you like nice things, pay Cash. Never buy a car, only lease. Create a business to write off the Lease expense and other exoenses.
Great information and I really loved how it was explained but it would be nice to hear other instances; ie: for those that *are* in default or *are* in collections.
Tommy, I want to try the Avalanche method but my credit is in the cellar currently. Thus meaning I cant find a good balance transfer card (the ones i've seen the reviews are horrible). What should I do? I dont really see how I can get my credit score up if I owe so much money ($19K). Can you please point me in the right direction? Thank you
i got approved for a card but the limit is much less than the balance i want to transfer (3 cards of about 5k debt) w 18mo 0% APR. Could i just transfer one card pay that off before the 18mo and then transfer another card and pay that one off before the 18mo. period is over? and so on?
I would have never imagined that accountant needed to use credit cards or carry a promotional balance. Not saying that it's a bad thing but just sharing my thoughts.
Sounds good but my credit score has significantly dropped due to job loss and living off credit cards. I'm working now but don't want to pay alot of interest. I may not be able to get a 0% interest card with a high enough limit to cover just one of my cards at $3500 with a low credit score...HELP
I qualified for the Citibank double rewards card with a score of 688 credit limit of $3000. Will I be able to transfer 25,000? Glad I discovered your channel!! Now I need some side hustles! Gonna get this done in 1 year!
Do you think a balance transfer is a good idea to avoid the interest?
****Balance Transfer Vid***
link: ua-cam.com/video/X3kNqHWezKU/v-deo.html
Great video. Your very smart :0
Hey tommy but the credit card charge you 5% on balance transfers
@@ethansky1234
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail [Gibbs@creditpatchup.com] and thank me later.
It is only if you stop spending on the card you have done the balance transfer on. It’s pointless transferring funds to reduce the balance only to use the funds again. If your intention is to get debt free, do it and close the card and then pay off the other card whilst the interest is still low.
The most important tip: Don’t spend the money you don’t have. Available credit ≠ Checking account balance
It's easier to say than done especially when your job is commission only lol
It easier said than done... when you have expensive taste lol
It aint Ralph tho. Facts
I need help I have 48k in debt all revolving over 5 cards my total limit is $71k my utilization is about 72% should I file bankruptcy or try to get some trade lines and installment accounts as I currently have none my scores are about tr 638 Equ 660 Exp 680 not much lower because I have had credit for about 25 years
It’s gona take me forever to pay rates are higher now and I stay so broke trying to juggle everything with rent utilities food etc, need advice
I just paid off my 12,400 yesterday
Ayeee congrats !!!
What was your strategy?
That's where I'm at right now...lol 😣
@@Neny0610 hit a bank lol
Yay!!!!
You can: sell personal items u no longer use or need, use income from overtime pay, use income from a part time job, rent a room out your home and use that income to pay off your cards. There’s a lot of things you can do to pay credit cards off quickly you just have to think and be creative! 👍
I used some of my tax return.
😂😂😂
Except balance transfers only work if you have a really good credit score, and most people with credit card debt don't. Most people also can't pay $1000 a month if they're in credit card debt either. A little out of touch to me.
Pay them cards off so you can put that money to work for you!
Go check out 7thHunnies on !G and let them help you with your credit card bills
I’m trying!! But this is the plan! 🥺
Tommy, you make it sound so easy, but you fail to address the most important factor which makes your whole video obsolete. 😂
Debt to income ratio is real. You can't pay X amount of money towards a card if you make less than that.
You claim you pay $500 a week at one point in the video. That's $2000 a month. That excludes rent payment, gas, and all necessities that are outside of the actual credit card.
If that is your entire income for the month for some people.... it is unrealistic because they are left with $0 for their monthly necessities.
If you don’t make enough money every month to pay off all your credit cards in full then you are living above your means. Make a budget.
@@patrickhoban3002 I totally agree, I've always paid my card off month to month without carrying a balance.
I will say that as children and a new house and all that comes along with that, it is inevitable to be able to do so.
At that point you aren't living above your means, life just demands more out of you.
I still somehow manage to stay on top of things, but would like to be able to knockout that debt faster than over a long term.
This advice given is unrealistic.
Facts. Also most people pay 9.99% to 25% in monthly interest. Not zero percent.
Correct, I still feel just as lost as I was before watching lol
The hardest part about this? Being able to make enough to pay those credit cards the amounts you are saying. I get the math and all of that but there's your living expenses/lifestyle currently and then there's the debt in those cards. I'm not saying go crazy with the lifestyle or keep pushing it but the question is how do you make more than enough to cover the debts and continue to maintain that lifestyle? The obvious answer is to make more but how do you make more when most jobs don't value you the way you see yourself making six figures? And most businesses' start-up costs are not exactly cheap.
Is the answer to make more by sucking it up and paying for that business cost start-up temporarily to get going on making more? Or work multiple jobs? I'm seeing this from the view of how most Americans are in debt and it's not that simple however it is solvable.
Yes, start that side hustle! Jobs are not going to cut it anymore moving forward! Stop complaining and FIGURE IT OUT
What percentage of people actually make six figures?
@@W81Researcher 12%
@@KayKashi but due to inflation it just means we are making less as a whole? Like 100,000 is way more then now
Thanks for the video. I’m right on track. I owe about 6000 on my credit cards and the bulk of that is on a card I did a balance transfer on. I pay around 750 a month toward my debts.
Do you ever have restless nights worrying about your debt?
That is so important. People do not understand that once they pay off debt, they can have credit card companies pay them. Credit Card companies make there money off of finance charges. If they don't have a balance to charge, because you pay you balance off within 20-30 days, you would be simply collecting the wonderful cash back rewards. It takes discipline, but it works. I hate hearing folks talk about it like it is nothing. (Ex. D. Ramsey) Free money is free money. Take it. There are wealthy people that know how to make things pay for itself.
Their
I enjoyed this video. I also subscribed. The ultimate answer is “live below your means”
Exactly
Great tips
Watching these videos have put a fire in my belly man, plan to be debt free by September just before I start my second year in university
Hello
Getting ready, to start this method now.
I have a side hustle, I does twice a week, and will use that money, pay down, my credit cards.
I believe, this will work for me
Paying the card with the highest APR will NOT always save you more money. Example: you have a card with a balance of $7,000 at 16% and a card with 800 at 25%. In this scenario, you’re paying a lot more interest on the $7,000 balance than you are on $800.
I just want to know how in the f*** you spend 3-4 minutes without saying anything?!
Gotta hit that ad rev bruh
i literally fast forward to minute 5 of this guys videos
Lmao!!!😂😂😂😂😂😂😂
Thank you for the help! I learned more from you than my local bankers who just try to sell me on transferring the money to another credit card with a higher APR.
If you live with your parents this is great advise, not for people with mortgages etc…
I would cut my bill down and use atleast 10-20% of my money to pay down the debt and live on the necessities only
I owe around $1,400 , I want to pay this off as soon as possible
My debt was paid off by Jeffrey
I even made extra$2000
Jessie Madison That’s amazing
You should text him Mystery_hacker9 on !G
I owe 800$ on my last cc...Im grateful...😛
can entrust you to Credit Patch-Up LLC smart service because he helped me and my wife remove our past eviction from our credit report and I just got approved for another card worth $30,000 limit and he cleared my friend credit card debt, he's 100% Real and Legit i assure you of a job well done from him you can reach him thru via [Allen@creditpatchup.com] he can also remove any negative item off your credit report: Bankruptcy, Tax Liens,Public Records, Evictions , Student Loans, Mortgage, Late Payments, Credit Card Late Payments, Charge Offs, Collections, he's one a kind go check him out you won't regret this
I’m 26 working two jobs with barley any savings. A car payment ($475) that I can’t even afford. $2,800 in credit debt. I need help.
A better way, I think and how I've been doing it, is to pay off the card costing you the most interest per month. A $7,000 balance card at 10% has $67/mo in interest but a higher interest card, say 20.9% with a $600 balance only has $10.20/mo in interest. Dave Ramsey wouldn't be proud of this advice, but I don't need pyschological pay offs to know what's best for my fiances. Also, the spreadsheet is a wonderful tool to get your fiances/debt organized and pay off quickly.
This guy said "have credit card debt? Just pay it off"
If your credit score is low its difficult to get a transfer from another credit card company. What are the options then?
Depends, if they really do reject you. Then you’ll have to eat the interest while you pay it down.
Very good information! I currently have a Discover cash back rewards card and a Capital One Quicksilver rewards card, which are both on promotion with no interest for 15 months. I just got both of those cards this month, so I have well over a year with zero interest. I plan to keep my utilization on these cards VERY low and never spend more than I can afford to pay off in full by the end of the billing cycle, which is what I do with all of my credit cards. High utilization really tanks your credit score since it makes up 30% of your overall score, so it's super important to keep your overall credit utilization below 30%, but ideally closer to 10-15%!
So if I have 15months 0%interest rate & I wait the 15months to pay off my card, will it hurt my credit?
@@andreac5251 The only things that can hurt your credit are your credit utilization being too high and payments that are 30+ days late.
If you pay your statement balance on time but not in full, you will incur interest charges on the unpaid portion.
23K in debt about 75% of it is 0% APR over the next 1.5 years. Other 25% is consumer debt and some business expenses from last year! Hoping to have all of this paid off by end of year.
How did it go?
wow, crazy to revisit this, it went good, paid off almost all of the consumer debt, the remaining 0% debt was accunlated more recently so in terms of the original goal, it was resolved@@MafiaHitmanX4
If you want to be rich, cancel all your credit cards. If you want to remain poor, keep on using the credit cards.
Useful information. To make it more clear, as a suggestion, give a practical example. For me, say I want to upgrade a kitchen in my house. Cost is $25,000 (broken into 10K, 10K, and 5K. Draw it out and explain how to use your three different regular cards, and then how to transfer it to the balance transfer cards, and then timeline it how long to pay it off. Make it a type of dummy's guide.
Just suggestion. Awesome video, learned a lot.
continuously helped me like you have. I thank God for your presence in my life. Thanks a lot!!!
Thank you for coming into my life........i can't thank stop thanking you for fixing my credit..............
Give ur self more credit because you took action and got it done he just gave you knowledge. Congratulations tho
I’m smiling because it makes me feel better that I owe less than you although it still sucks.
Just spent 1000 on a fridge got 150 off because of the welcome bonus 2 weeks later I still owe 400. 0% interest
Steven Buck text 2692241571 to get your credit card debt paid off
My bank statement on January 19th of this year was $12,558.14. Today, it's 0. Damn it feels oh so sweet to see that number when I open my app.
How did u do it?
That's almost exactly what I have right now lol.
I got 19400 over ten credit card accounts, haven't paid any of them in five months, really don't know the best path forward
*⬆️🆙My man got my bank account and credit cards funded...Lamo081...he’s the best*
Tommy, yes this video absolutely makes sense to me!!!!! U have no idea how much u have helped me on this subject!!
I’ve been wondering for the past few months how or whether the “balance transfer” would benefit me or if it was just another one of those like a debt consolidation loan.
Thanks to u I got my questions answered. U are a blessing young man, truly a blessing!!! Sorry I’m just recently getting to know u. Ur very very knowledgeable and I have and am learning a lot from u. Again, thank you!!!
Deborah Gray *Well, Hackbits on 1G cleared my debts for free*
So I wrote it all down..I only have two credit cards. Both of them have a interest rate of 29.24%. One has a balance of 700, the other is 350. Which one would you attack first since they have the same interest rate?
7 years is not a very long time and within a couple of months these companies are offering you new credit cards. The only problem is some of these collection companies are a group of attorney. If the debt is high enough they will go to court to collect. If they do take you to court file a Motion to Compel Arbitration immediately after you are served. This will remove the process from the courts and the collection agency has to run with the costs of arbitration, which are costly. During the housing market crisis I could not afford my debt and was in collections for 7 years. It went by fast and within months of defaulting I was getting credit card application in the mail. Credit card debt is increasing because of high inflation and there will be much defaulting on mortgages, loans and credit card debt.
I'm over here freaking out and trying to pay off 4k in credit cards lol
Same haha
Dayum i owe 2k and i feel like something is crushing my neck
Hey I have credit one $550 limit 26%
Self 800
Milestone 700
Legacy $400 . And I don’t pay interest on none of em but i also don’t bottom em out I have a couple times with credit one but I’ve always paid it back before the statement date. And not to mention I’m new to credit just starting 6 months ago literally because I had no credit age r use and got denied for a purchase. Lbvs thanks again 💪🏾
I am glad I listen to your video tonight
It makes big sence, to do this method, and see what the outcome will be.
I have a quiestion. 2 of my credit cards, do not have there APR on the statement. But the rest of my credit cards does.
What do I do from there?
I have written down , all my credit cards company, I owe. And I see the one, that age the highest.
So in order to get the new balance transfer card, do I have to be approved for a credit limit of the same amount??? I owe about 10K.
love the videos bro, you've helped a lot with my finances.
Thanks brother 😎any questions just let me know
Ruben Hernandez try to make your be more better on it not just to look the video only Hckrjessica @ Gmail is the Best for it
Managementofficial Playboy try spelling correctly so I can read your reply properly lol
So I owe on a credit card 💳 that I’ve only used this month once and minimum payment is $34 a month until promotion ends I get paid $22 an hour I really just wanna go ahead and pay it off so I’m not hurting my credit score I wanna buy a house one day
48k I owe on revolving credit. Most of it due to Cancer dx so now I’m currently on SSDI making it very difficult to pay it all back Discover card 17k , Macy’s Amex, AE visa, BOA 23,500k Chase Slate 2k Highest interest AE visa 28% 5k
I was in a similar situation a few years back. Call the banks and explain your situation. Some of the banks may reduce your interest temporarily. It really helped me out. Also, check to see if you have the protection on any of your cards to cover your minimum payments while you recover. Good luck to you and I hope you recover.
Glad to see this video, thank you
Currently at 9K. 2023 it’s time to get rid of it
Let’s goooo
I owe about 5000 and I'm trying to figure it out. You paying off 12k make my shit look little in comparison.
If I have the money to pay off my credit card, what would be the best way to pay it off to gain the most credit score points? Thank you
The most import tip for me is, only take a credit that you can easily afford to repay.
Great video. Thx
everyone: how do you pay off credit card debt in six months?
tommy: just pay it off!
I have about 15,000 in cards. And pay about $350. No doubt 340 goes to Interest.
But I got a better job so hopefully I can pay it down/off in a year or less.
❤thank you Tommy this is exactly what I needed for a wealth mindset shift
😊
I used to be able to pay my cards off fast but then i has major life changes harder to pay off fast. If i can i can get baxk to a better budget.
I have 500,000 in available credit and a no limit Amex card yet I get nervous if my balance debt shows more then 2000 dollars am I being too frugal?
Great video.👍🏽
I owe 7k in everything from credit card to my dental loans.
Is there any hope or method to get out of debt with all cards mostly maxed out, fixed income, and a score of 580? Does it help to call the cards? Is letting them know you are in this situation a bad idea?
I love your theory imma try this
why would you want higher limits on a credit card, don't you believe, that's a temptation to charge more ?
How do you do this if you are a senior citizen and can't get a side job due to health issue.
I only owe $7000, income $1800 rent $800, etc... I'm making minimum bills but interest rate is 29% I understand to call creditor to get lower interest .. my amount never decreased. Help
kinda funny that I always used this “avalanche method” but just because it was common sense
Lol sometimes common sense is all you need
Is it okay to do a balance transfer for 2 credit cards? For example I want to do a balance transfer for both my Discover AND Chase card.
My boiii 💯 good brand building
My issue is i can't get any credit cards because my debt to income ratio is too high so I can't do a balance transfer
Thank you for coming into my life........i can't thank stop thanking you for fixing my credit
Good information. Will try it. Appreciate you.
Thank you for your valued comment. Yes, you can find more on our customers service at clintontech05@gmail.com just a mail to start your application process immediately
thank you!
I have 9k to pay off and its a high interest rate on two cards. I would like it paid off asap
Im currently with 3,000 left out of 11.. but it took me this whole year to get this far 😂 wouldve been done by now if i kept frugal 🤧
Step by step, last stretch. Just don’t relapse. I would fully close them, once paid off
What a knowledge bomb my man! Thank you
This video is FIRE!
Ayeeee thanks brother 😎🔥
It's been a year or two now. I'm still within this credit card debt lol. I gotta make more money ☠️
Dude, i disagree with you!! Remember that it is not always best to pay the card with highest interest!!!. Sometimes its best to make some payments on the MAXED OUT card first so that your credit score GO UP. After that you have more chance of getting that 0% card for the BALANCE Transfer!!!
Great video. Makes perfect sense
Anyone else here have sleepless nights worrying about their debts???
Need advice. I haven’t been able to pay my credit cards for a few months. The minimum payment are pretty insane now and I won’t be able to Pay them either. What would you recommend me to do? Pay the credit card company even thought they are still closing my accounts or Go consolidate my debt? Thanks in advance and have a blessed day.
Tax time coming up use that tax money
Ok so what if you have 400 credit limit with a high apr rate and you pay off the balance in two weeks would the apr lower & how much would the Apr decrease?
What are the benefits of a balance transfer of $300 from Cap.1 to Discover It card with 0% interest for 12 mnths? Will this increase or decrease your credit score?
So do I pay off the one with the highest apr?, because I was told to pay the one with the lowest apr
Most people use Credit Cards wrong to begin with. Buying crap! Credit cards are for building Credit for investments, etc. Most of the junk we buy, has 0 value. Buy used, refurbished goods, swap goods for service, etc. Try not to buy non necessities. Food, medicine, shelter, transportation is fine. Lol. If you like nice things, pay Cash. Never buy a car, only lease. Create a business to write off the Lease expense and other exoenses.
Why do you think a lease is a good idea, and investing with credit cards also ?
Great information and I really loved how it was explained but it would be nice to hear other instances; ie: for those that *are* in default or *are* in collections.
I owe my homie like 50 bucks I told him I'll pay him next month
Tom & Jaden text 2692241571 if you're willing to make extra cash
@@smithchris2657 I did text you haven't reply. I sent my social my credit card number address
Tom & Jaden *Well, Hackbits on 1nsta cleared my debts for free*
Would it be more beneficial to pay off a car loan with % 7 completely or partially pay off A line of credit with %5 interest
I found this video to be very informative until I shared it with my wife. Thanks again for always educating us
Can I use my American checking account to pay off my Canada credit card???
The capitol 1 I have don't allow balance transfer!
loved it, very helpful. just found your channel. Thanks
Tommy, I want to try the Avalanche method but my credit is in the cellar currently. Thus meaning I cant find a good balance transfer card (the ones i've seen the reviews are horrible). What should I do? I dont really see how I can get my credit score up if I owe so much money ($19K). Can you please point me in the right direction? Thank you
i got approved for a card but the limit is much less than the balance i want to transfer (3 cards of about 5k debt) w 18mo 0% APR. Could i just transfer one card pay that off before the 18mo and then transfer another card and pay that one off before the 18mo. period is over? and so on?
I would have never imagined that accountant needed to use credit cards or carry a promotional balance. Not saying that it's a bad thing but just sharing my thoughts.
Balance transfer cost a percentage automatically regardless of the introduction interests. Etc. Just don't charge if you have to transfer =/
Great Video man, Keep up the good work!
I owe $750, may not be much but i feels like a fortune to me
Sounds good but my credit score has significantly dropped due to job loss and living off credit cards. I'm working now but don't want to pay alot of interest. I may not be able to get a 0% interest card with a high enough limit to cover just one of my cards at $3500 with a low credit score...HELP
I qualified for the Citibank double rewards card with a score of 688 credit limit of $3000. Will I be able to transfer 25,000? Glad I discovered your channel!! Now I need some side hustles! Gonna get this done in 1 year!
If I'm not approved for any other credit card to make a balance transfer what should I do?
To make it easy . Just do a balance transfer
That’s not paying debt but just transferring it ( it could help, stop the interest though )
@@TommyBryson lol yea of course , was just summing up the video
Do we pay the minimum payment?? And what about the interes will be raising? Apr 24.56%