Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” According the new report, issued by the bank’s Center for…
Forgetting about the super high interest rates. Last card I got for a 0% on a laptop if I paid it off in 12 months was 29%. I think my current lowest is 17% and I have damn near an 800 credit score
I’ve been aggressively paying off debt after racking up credit cards and my wife getting stuff sent to collections while I went back to college, and she had a bad injury with some months recovering and not working. My credit score is now well over 700, and I should have everything except for the mortgage, student loans and car loan paid off within 12 months. Those 3 make sense to ride out on the existing payments given their low interest rates and my current medium term goals
Forgetting about the super high interest rates. Last card I got for a 0% on a laptop if I paid it off in 12 months was 29%. I think my current lowest is 17% and I have damn near an 800 credit score
I was about to say “damn that’s high,” but then I realized I didn’t know what my lowest was. Turns out it’s 27%.
So yeah. I’m glad I never leave a balance.
I’ve been aggressively paying off debt after racking up credit cards and my wife getting stuff sent to collections while I went back to college, and she had a bad injury with some months recovering and not working. My credit score is now well over 700, and I should have everything except for the mortgage, student loans and car loan paid off within 12 months. Those 3 make sense to ride out on the existing payments given their low interest rates and my current medium term goals