Paying Off Credit Cards

So much for the "no hassle" slogan on their commercials. I don't have a credit card at this time and I don't plan on getting one. It's such a scary though to have a bill to not forget, and interest to pay if you mess up. Not to mention ruining your credit with one little mistake. I don't know how I could possibly deal with a credit card when I don't live in the same place all year. Definitely get rid of the Capital One card as soon as possible. They always advise getting rid of the lowest balance first anyway, because it's more accomplishable. What was the reason you got the second card in the first place? I have always wondered why people want multiple cards, it just seems like even more of a hassle than one.

thats a good idea. its best to pay off the higher interest one first. however, make sure you keep putting the minimal monthly payment on it so they dont report you to the credit burrow. that happened to me once heh. i dont think that they acutally reported me, they kinda just told me i had 24 hours to pay before they did. so thats good i guess. but yes deifnatly cancel the capital one one. hehe... sorry i hide my credit card so im nto tempted to use it.

It sounds like you have a good game plan. Credit cards are great if they are used responsibly. I keep several for emergencies and because if you have more you stand a better chance of getting offered better rates. I have several that constantly send me good rates for a period of time. This way I always have a low interest option to transfer balances to. If it weren't for that I would get rid of more of mine. I only have a balance on 2 credit cards now and one of those is the one I transferred my car onto when I got a real low transfer rate offered to me. I have another 10 or more cards that I don't use but keep for the possibility of low rate offers.

If you want to have credit go for the one you like, but I would ask you not to go for one. You can get a debit card if you do not want to carry cash on you. You would know how much you have in your account and would use the card accordingly. You would never fall into the trap. Think about it before you decide for the credit card. Many are trying to come out of the cards trap.

It sounds like a good plan as long as you stick to it, from the experience I had with a credit card its so easy for them to spiral out of control. I was watching a programme on the tv the other day and he was on about credit cards and he said that you should never only just pay the minimum amount as it just keeps the debt lingering, he said that the key to paying off the debt of a credit card is by keeping with the ones with the lowest interest rates, so if you can get the first card paid off do that or try and transfer the money you owe onto the other credit card so that the balance is all in one place and you will only be paying 2.9% on the whole amount until april. When April comes and the interest rates are due to go up then shop around for another credit card with lower interest rates again over a fixed period and then apply and transfer the debts off your old card to the new card with the lower interest rates. So you will always be keeping the interest rates down by having a new credit card to pay the old credit card off! If you cant for any reason get a new credit card or you dont want to do that then another suggestion that was made was to phone your good credit card company up and ask them if you can transfer the debt off the bad card you dont want, sometimes you can get good deals for doing this.I dont know if this is any help to you but it sounds like it could be a good idea!