Monday, February 23, 2009

American Express may pay $300 to close account

"Pay off your entire balance between March 1, 2009 and April 30, 2009, and we will send you a $300 value prepaid card1 to thank you2. Enrolling in this promotion will automatically cancel your account."
link to AmEx offer page.

This offer is not available to all American Express cardholders, and the verification code is being delivered by mail.

CreditMattersBlog.com

If you receive the offer, enroll by February 28, and pay off your account balance in full before April 30, 2009. they promise to send you a $300 pre-paid AmEx card.

Sunday, February 22, 2009

12 Ways to Get out of Credit Card Debt

  1. Stop running up balances
  2. Find your best offer
  3. Stop the solicitations
  4. Pay more than the minimum
  5. Cash in investments
  6. Turn to friends and family for a loan
  7. Consider a home equity loan
  8. If you have a 401(k), consider borrowing from it
  9. Renegotiate terms with your creditors
  10. Consider the debt doctors
  11. If all else fails, file for bankruptcy
  12. Create a budget and live by it
From: Salary.com