Of course, I am speaking of Chase and Citi! I learned the secret ingredient of "the hardship" department and may wonders never cease!
Chase: lowered us to 12% with a set monthly payment for the life of the loan. Better than nothin and I'll take what I can get.
Citi: 0% and a set payment for the life of the loan.
Of course, barring no payments are ever late and yada yada.
With Citi, I had to let them automatically deduct it from our checking account. This makes me CRINGE!! However, I am thinking about opening a new checking account at a credit union and can just leave this payment coming out of the old account. We'll see. I am excited every penny will be going to principle!!
Dealin's with the devils
August 30th, 2009 at 06:33 am
August 30th, 2009 at 01:40 pm 1251636023
August 30th, 2009 at 03:06 pm 1251641212
August 30th, 2009 at 03:25 pm 1251642320
It is worth the extra trouble of setting up another checking account to have the 0% rate, just make sure you have so cushion in the account so you dont miss a automatic payment and loss the 0% rate..
August 30th, 2009 at 04:28 pm 1251646128
I also agree with changing accounts. Simply move money into that account at least a week before the payment is due. And maybe put in a extra payment as a cushion...if you can swing it.
August 31st, 2009 at 01:51 am 1251679907
September 18th, 2009 at 10:11 pm 1253308305
Jerry