Saturday, October 26, 2013

What to do with bonus- pay the credit cards or make an investment? and The European Investment Bank exhibits at the 2013 Summit

What to do with bonus- pay the credit cards or make an investment?



we never live with credit cards before. and now we have 5000$ on our credit cards that we cant close . we are doing a min paymant every month and trying to pay more than that. we will have a bonuce 7000$ at the end of the year. will it be beter to pay to credit cards at onece. or there is another way to pay credits(and put this bonus on investment).
I read about calling to creditors and talking with them, so they will give a 10-20% of if we will pay it atonce, but will it afect in bad way to our credit report.
Sorry for wrong English writing.
Will caling a creditor afect on credit report badly?


Investment best answer:

Answer by Des
Pay off your credit card bills. Why pay all the interest on them with the minimum payment each month.

If you must invest it, then transfer your credit card bills to another card that offers free balance transfer with 0% interest for a year. Keep doing that until they are paid off.


Investment

The European Investment Bank exhibits at the 2013 Summit
Investment

Image by International Transport Forum
The European Investment Bank supports the development of efficient, reliable and secure transport systems in its countries of operations in six lines of transport: aviation, ports, railways, roads, shipping and logistics.



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