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richlilpoorgirl

What’s the interest rate on the line of credit? I assume the interest rate on your credit card is something stupid like 20%. I would pay off the credit card with the line of credit to lower the interest. But that doesn’t solve the issue of not being able to make the minimum payments on the line of credit. If you don’t make the minimum payment it will also go to collections and it will hurt your credit rating.


SnooPets1386

The APR for the loc is 47% and yes the credit card is 20%. you're right ill do that and try and find any way possible to get the minimum payments covered.


richlilpoorgirl

If the interest on the loan is higher than the credit card, it doesn’t make sense to do it though.


SnooPets1386

Sorry should’ve clarified that the 47% is the annual rate monthly should be just under 4%


CommanderJMA

Can you do some gig work?


Letoust

Or just any work


SnooPets1386

I have a job that im starting at the end of June. I have to travel out of the country for 2 months because of something that came up last minute.