Bank Overdraft Rates

At 2.5% per month of your payment an APR of 30%, which is higher than the overdraft protection. Why are interest rates so high? Did you miss your payments, your credit is bad? If you have bad credit or a history of default as I understand, but if your credit is ok, then you should take a look at these interest rates. Is the credit card company credit card? Paying the interest rates higher. Concentrate on the highest balances. If your payment such high interest rates has a consolidation service debt. They might be able to negotiate interest rates for you from your creditors. I suggest you close your account and credit card to do without a map, but continue to make your monthly payments. You can not close your bank account until your overdraft balance is paid. I suggest you leave just enough money in your account to make your monthly payment and then open a new account without overdraft, assuming your able to do so.

Just to clarify the last person, pay the largest intersest not the smallest amount. Your CC is mainly interstitial 30% (even more since is composed, but then, probably, your bank if your Efective intest rate for both is higher)

Try to get a line of credit to your bank for a lower interest rate, your overdraft protection. It will be much cheaper if you qualify

The credit card. We paid off our bank loan first, then the credit card. In fact, you must repay your debt smallest first, then put that money to the debt side, etc..