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well ladies & germs,
I didn't get mbna to extend my 5.9 BT rate on "a big debt", but
they *did* change my APR from 12.9 to 9.9 after the 5.9 expires.
(and I got his Name).

I still can't decide (Help me Fools!) if I should apply for the Capital One that *"promises"* a 7.9 fixed BT rate(no fee), or
hang on for 6.9 (no fee) for 6 mo that I have.

6.9 is the bird in the hand but 7.9 is "in the bush" (not W)
but its tempting to try for.

(there may also be a 5.9 if I get that shell gas card but I wanted to save that for small stuff so I could take advantage of the rebate at 5%).

Foolishly on Friday,
Joyce
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6.9 is the bird in the hand but 7.9 is "in the bush" (not W)
but its tempting to try for.

IMHO, I think you will have other options coming that might even be better. It sounds like you are getting these solitation on a fairly regular basis. Ignoring a few does wonders. I know that I stopped applying for the transfers and I got more offers. Some were even the big 0% for so many months.

If you can keep paying a low 6.9 for six more months, you may be able to improve your credit rating to get a better offer. Even if you have to pay 9.9 for awhile, a better offer will probably come.

CJ
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IMHO, I think you will have other options coming that might even be better. It sounds like you are getting these solitation on a fairly regular basis. Ignoring a few does wonders. I know that I stopped applying for the transfers and I got more offers. Some were even the big 0% for so many months.
If you can keep paying a low 6.9 for six more months, you may be able to improve your credit rating to get a better offer. Even if you have to pay 9.9 for awhile, a better offer will probably come.
CJ


Thing is,
I don't think it is likely I will get any *one* offer that can handle the whole 9k. the 6.9 will handle more than half if I take it, but I would really like a fixed non-promotional period rate.
Which comes with the risk of "too many new applications".

At least this puts all my *outstanding* debt (cards I can't pay off with my salary) at 9.9 or less.
joyce


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A bit more data on this thread,
the Snowball implies (again I don't have all debt entered in it)
that I've bought myself a year before debt free. (with the 12.9 to 9.9 change) something like 44 or 48 months.
It will be less if I do a BT soon.
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"but I would really like a fixed non-promotional period rate. "

First thing, you must realize there is no such thing as a 'fixed' interest rate in the cc business. They can change your interest rate on a whim with a letter and 30 days notice.

I'm not sure how good or bad your credit is. But you might consider Pulaski Bank. Now, it is a variable rate card, but it has been the number one rate in the country for a number of years. It's currently 6.5% for everything, purchases BTs and cash advances. You can count on it staying low because Arkansas has the toughest usury laws in the nation. It's got an annual fee of $50, but that might be worth it if you're carrying a balance. http://www.pulaskibank.com/
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<<, but I would really like a fixed non-promotional period rate.
Which comes with the risk of "too many new applications".>>

A caveat: "fixed" doesn't necessarily mean "permanent." Unless it's fixed for the life of the transfer, you might find your rate upped in a few months.

Also CapOne has a pretty bad rep, I think--and they flood my mail with solicitations, which I find very annoying (I once got three offers in ONE DAY!)

Greta
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