Want your opinion on AOR Archived From: Finance |
Hi all,
i have a debt of $88,560 not including my two cars and two mortgages i have. My credit scores on all three are 704. My interest rates are average of 15%. Please advice whether i can go ahead with AOR or not.
Thanks
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2 cars, 2 mortgages, and $88k in debt?
Get a budget and drastically change your spending habits...but thanks for paying interest and keeping the 0% offers for the rest of us alive.
although i have 88,500 in debt. it used to be 100K couple of months back. I paid out 12K with the bonus we received. I was in 50K till last year. Stupid down payment for a house in a different country costed me 40000.
cj4ualways said:Hi all,
i have a debt of $88,560 not including my two cars and two mortgages i have. My credit scores on all three are 704. My interest rates are average of 15%. Please advice whether i can go ahead with AOR or not.
Thanks
you are most likely too far deep to get in on an AOR. what is your overall credit utilization? have you attempted to lower the interest rates (calling and asking)? what is your take home income?
be prepared to bite your pride if you want this community's help.
i would send you to creditboards normally, but you probaly have a special case.
Go for it!
I think you should wait for simplemoney or KevinKevinKevin, they're the ones you should be talking too!
my take home income is 145K. i have 0% apr till jan next year on couple of cards and 2-5% on couple of them. But the majority are above 13%.
I'm doing an AOR with 200K in debt and 22 mortgages and it's going very well.
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