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Author: dswing Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309094  
Subject: Re: High Interest Rates! HELP! Date: 5/3/2005 6:47 PM
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Maybe even transfering, via cash advance or convenience check, a small bit of debt from one of the 2 cards with a major balance, and follow that up by paying it off immediately with your snowball. This may stimulate your creditor into extending you a BT offer. Speak up Fools if this is a bad idea! I'm just kind of thinking out loud with that one.

I think Wildcat isn't in a place where much of any debts can be retired in any "immediate" sense, which is why the high interest is such an irritant.

In my most painfully-purchased experience, cash withdrawals from CC accounts are punished by the highest interest rates and worst payback schedules. I would never take cash advance or use a "convenience check" from a CC.

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