Finally, some good news!
I just wanted to share, 'cause I'm all giddy right now. Some background: my husband and I have an embarrassingly large credit card debt, spread between three cards. It mostly came about because we had consolidated our cards to one on a 0% promo deal, then made a mistake, and that 0% percent rate turned into 29.99%. That set us back in a huge way, and we had to reactivate some zero balance cards that, thankfully, we had not closed and found a balance transfer deal on another card...so we wound up getting all the balance off the 29.99% rate, but it was back to three cards again, and two of them with 17.99% rates (and no dice on getting those any lower, that was as low as they'd go.) Well. I've been opening every single credit card offer that we receive, just looking for any kind of balance transfer offer that would help us, and finally, we get one! Today in the mail was an offer from that card that had hit us with the 29.99% that was for a fixed interest rate on balance transfers, for the life of the balance, of only 6.99%. And that card has a limit that allowed us to transfer those two 17.99% cards. In one phone call I cut our interest rate by more than half!! And as for payments, well, at the rate we were paying on those two cards, one would have taken 6 years to pay off and the other 8 years...now, at the same payment rate it's only 5 years!! I just got three years closer to being out of debt today!! YAY!!!