0
Is it better to settle 45000 dollars in credit card debt for 18000 dollars or better to pay it off with 0 percent interest for a year?
ShelleyWolf
Assuming you can pay off $45k in 12 months, go with that. It will reflect on your credit report and your FICO better for you if you pay it off rather than settle the account. Unless, of course, the credit card company agrees IN WRITING that they will reflect on your credit report that the account was PAID IN FULL/SATISFACTORY for the $18,000. If that's the case, take the settlement deal and run!!!
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the monthly interest payment on 30 thousand dollars borrowed against a credit card with 30.0 percent apr?
$750 / month in interest rates.
If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay?
He pays $696.50 interest.
Which banks offer credit cards with 0 percent interest?
Unfortunately no banks offer a credit card with purely 0 percent interest rather, they offer an introductory period where, for a certain period of time, the interest will be zero percent.
What does 4.9 percent p. a. interest mean on a credit card?
It means the percent of interest paid annually (p.a. means per annum).
Do Pioneer military loans generally have a better interest rate that regular banks and credit cards?
Pioneer Military loans may have better interest rates than regular banks or credit cards, but this depends on your credit. If you have a good credit score, you're more likely to get a better interest rate on a loan.
What is the monthly interest payment on 30 thousand dollars borrowed against a credit card with 30.0 percent apr?
$750 / month in interest rates.
What is the average interest on a USA credit loan?
The average interest on a credit card in the USA is around 20 percent. Depending on how good your credit score is, you will get a better or worse interest rate. If you have very high interest rates but continue to pay your credit card on time the company may lower your interest rate.
If Marty maintains an average balance of 3500 dollars on a credit card that he uses only for necessary purchases and the bank charges 19.9 percent interest how much interest will he pay?
He pays $696.50 interest.
Which banks offer credit cards with 0 percent interest?
Unfortunately no banks offer a credit card with purely 0 percent interest rather, they offer an introductory period where, for a certain period of time, the interest will be zero percent.
What types of things can zero percent interest apply to?
It applies to a type of credit cards that gives you zero percent interest when they are used. They are recommended for people with a good credit score.
What is the monthly interest rate if the annual interest rate on a credit card is 21 percent?
1.75%
Calculate the annual interest rate on a credit card if the monthly interest is 1.2 percent?
14.4%
What does 4.9 percent p. a. interest mean on a credit card?
It means the percent of interest paid annually (p.a. means per annum).
Do Pioneer military loans generally have a better interest rate that regular banks and credit cards?
Pioneer Military loans may have better interest rates than regular banks or credit cards, but this depends on your credit. If you have a good credit score, you're more likely to get a better interest rate on a loan.
A law that establishes a maximum interest rate for credit transactions of 24 percent is it substantive or procedural law?
a law that establishes a maximum interest rate for credit transactions of 24 percent
What is the average interest rate on sears credit cards?
Credit card interest rates vary with individuals' credit scores and worthiness. Sears offers three different credit card options with a stated average interest rate of 25 percent
Which companies offer 0 percent interest credit cards?
There are a number of companies that offer zero percent interest on credit cards. Some of those companies include Barclays, Tesco, Virgin, MBNA and Natwest.
