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re: Best way to reduce credit card payments/debt?

Posted on 11/30/10 at 4:49 pm to
Posted by Zach
Gizmonic Institute
Member since May 2005
112803 posts
Posted on 11/30/10 at 4:49 pm to

My wife did the same thing before we met.
Assuming you have a good job, go to a bank and get a conventional loan to pay off the credit card. You should be able to get something like 5 percent.

If you don't have a good job you are SOOL.
Posted by diat150
Louisiana
Member since Jun 2005
43879 posts
Posted on 12/1/10 at 7:00 am to
I could understand if you were in a serious bind and bought a 2-3k car because that was your only option. but 11k? dude, why didnt you just get a lexus?
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