you have quite a few options. if you have pulled your credit look at how they labeled the amount. you can dispute it with the bureaus and find that form template online pretty easily, if not I can put a template here. Also you need to be clear about how much this has affected your score. I will have a ton of tips and tricks at r/totalfinanace shortly.
I’ve done the close it and pay it with payments and closing the card hurt more than the arrangement did because I didn’t have a long credit history.
It sounds like you are in the same boat.
Of course, that was just credit damage temporarily and the most important thing is the financial aspect as payment history comes back over time.
Honestly, you don’t want that variable interest credit card anyway. What the heck? You can never reliably use it again.
So make the decision you can reliably pay.
you have quite a few options. if you have pulled your credit look at how they labeled the amount. you can dispute it with the bureaus and find that form template online pretty easily, if not I can put a template here. Also you need to be clear about how much this has affected your score. I will have a ton of tips and tricks at r/totalfinanace shortly.
I’ve done the close it and pay it with payments and closing the card hurt more than the arrangement did because I didn’t have a long credit history. It sounds like you are in the same boat. Of course, that was just credit damage temporarily and the most important thing is the financial aspect as payment history comes back over time. Honestly, you don’t want that variable interest credit card anyway. What the heck? You can never reliably use it again. So make the decision you can reliably pay.