15 Month Low Interest Balance Transfer Card

How can I get my credit card companies to offer me lower monthly ...

Hello everyone,

I'm running into some trouble making payments on my credit cards. My debt is 35 000 and debt consolidation bankruptcy / is not an option because I know they do not address the symptoms.

I want to pay my way out of this, but I need to be realistic and I agreed that the monthly payment on this is to create too much pressure on me, makes me feel like I'm "not going nowhere ", and ultimately lead to me or the creditors are getting what they want.

The interest is too high.I tried to discuss with the company that I was recently sanctioned by a 5% increase (from 19 to 24) for having missed a payment a week to decrease. They refused and were unnecessary and contemptuous.

So I ask all those who have experience, what can I do to lower my monthly payment with every successful business and we hope that the interest rate as well?

I mean it or they will not get their money back at all.

I am open to advice, but experienced answers only please.

Thank you, here's the thing to get out of debt, you have to pay more - not less - on your credit cards. Here are some numbers. If you have 35k in debt, chances are that you monthly payments total about $ 700, since most firms have a payment of 2%. Well, if you look at an amortization schedule to pay 35k in 5 years, 15%, payments should be around $ 835. I hope you understand how it does not appear in the lower monthly payments.

Unfortunately, there are too many unknowns about the information you gave to give useful advice.Typically, a financial budget is structured the best way to get out of debt. The key is not only come with one, but stick with it.

The only options I could think about a debt restructuring would be something like a mortgage if you have this option available. It can be difficult to obtain a consolidation loan (which is a good choice) for that amount you are talking about without some sort of guarantee.

Regarding the rate ... it is unfortunate that you ended up with a high interest rate on your credit card (s).Well, I've heard of some banks taking a listen to consumers, most are not willing to lower rates on a card that was overdue. Usually, you must have a good return on your history with a company for them to consider lowering your rate. You do not rewarded for poor payments. Well, it seems that you have a different view, you must understand that this is not really in the best interest of banks to lower your rates, especially if you fall behind and they see a possible default on your account the future.Keep in mind that interest rates do not really change your monthly payment, just the amount of interest paid.