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Can I make a credit card payment for a purchase over 6 months at a nominal rate of interest?

Date: Sun, 12/13/2020 20:14
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I do not make minimum payments only and try to repay the loan on time. Regarding my credit card debt, is it a wise move to make part payments every month that paying off the amount in full. Actually, I have made a big purchase. Since the economic situatio is unstable, will it be wise to make the paymnt altogether or keep a room in my budget and make the payments every month. Is there any way to negotiate with cc company to make the payments in 6 months without paying any or very nominal interest? "




As you have a good record of repaying credit card loans at the right time, your credit score must be an impressive one.

So, you can talk to your credit card company with your particular inquiry.

Maybe, they will be able to find a solution for you.

Sub: #1 posted on Mon, 12/14/2020 - 03:21

Ryan Miller Ryan Miller

(Posts: 249 | Credits: )

Well some credit card companies are offering this kind of option as millions of people are facing financial hardship. So, you can request your creditor to offer you a hardship plan. It's best if you request for a hardship plan before the end of December since COVID relief programs will expire in 2020.

Sub: #2 posted on Wed, 12/16/2020 - 04:21

David Martin David Martin

(Posts: 398 | Credits: )

Well, negotiating with creditors require professional experience. Because usually the creditors don't agree to negotiate for reducing interest rates or setting up a repayment plan. The best option would to seek professional help regarding your credit card debt and pay it off with ease. Call 800-DEBT-913 for immediate debt help.

Sub: #3 posted on Sun, 12/20/2020 - 22:06

Craigh.terry Craigh.terry

(Posts: 273 | Credits: )


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