I alreay spent all the mondey on my credit that their told me when it came in the mail. It was $5,000 in credit money. Now they told me that I need to give them about $6,000 or more. I don't even have money on my credit card anymore. I didn't cancle or close my credit card and my opiopn, I rthought will cancel my credit card for me. What I have do is cancle my credit card or close my credit card instead/ Please help

You borrowed the money and you have to pay it back with interest. That wasn't free money they gave you.

You borrowed the money and you have to pay it back with interest. That wasn't free money they gave you.

I know that, but my instrest is only $89 right now, How did it reach $1,000 in past 6 months.

LOL! You think cancelling the card/account will clear you of having to pay? You have to pay them back, you know... that's what the payments are all about. Didn't you read the terms before you signed up for the card? Now you have interest to pay on top of the principal amount you borrowed from them. If you don't start paying, they will send you to collections.

What is the percent interest per month?

The more you borrow, the more interest you pay... and $89 doesn't sound like an interest payment, it sounds more like a member fee or an annual fee for the card.

1) What is the credit limit you can put on the card? $5000?
2) How much have you charged to the card?
3) What is the percent interest per month?
4) On your most recent bill, what is the total that you owe?

LOL! You think cancelling the card/account will clear you of having to pay? You have to pay them back, you know...that's what the payments are all about. Didn't you read the terms before you signed up for the card? Now you have interest to pay on top of the principal amount you borrowed from them. If you don't start paying, they will send you to collections.

But it can stop my credit bill to be rising up for up one million in one day?

What is the percent interest per month?

Where can I found that percent of insterest per month?

where can I found that percent of insterest per month?
On the bill that you get every month.

1) What is the credit limit you can put on the card? $5000?
2) How much have you charged to the card?
3) What is the percent interest per month?
4) On your most recent bill, what is the total that you owe?

1. I only had $5,000 on it.
I only spent $5,000 only and that how much that was already on my card.
3. Where can I fount the percent interest per month?
4. They told me I need pay $5,900, after that it will $6,000 and keep on going and going.

The more you borrow, the more interest you pay....and $89 doesn't sound like an interest payment, it sounds more like a member fee or an annual fee for the card.

Where can I found the interset payment on my credit card bill?

1. I only had $5,000 on it.
I only spent $5,000 only and that how much that was already on my card.
3. Where can i fount the percent intrest per month?
4. They told me I need pay $5,900, after that it will $6,000 and keep on going and going.
When you charge something and pay for it with your credit card, you receive a bill once a month and then have to pay something back to the credit card company. Have you paid back anything?

When you charge something and pay for it with your credit card, you receive a bill once a month and then have to pay something back to the credit card company. Have you paid back anything?

Yes, I pay every month for the first two months, I pay the full amount. When it got higher and higher, I pay as much as I can about $40 every moths.

yes, I pay every month for the first two months, i pay the full amount. When it got higher and higher, I pay as much as i can about $40 every moths.
Is there an adult -- parent, sister, brother, friend -- who helps you with money questions?

Is there an adult -- parent, sister, brother, friend -- who helps you with money questions?

No, I am the only who is paying for this bill on my own.

no, i am the only who is paying for this bill on my own.
Is there someone who will explain this to you?

You are charging too much and not paying back enough. Probably your interest rate has become very high.

Is there someone who will explain this to you?

You are charging too much and not paying back enough. Probably your interest rate has become very high.

Can I cancle my account or cancle account from the credit card account so it will stop the balance from keep on rising?

Can I cancle my account or cancle account from the credit card account so it will stop the balance from keep on rising?
No.

You MUST ask a smart adult to help you figure this out.

Stop using the card to charge things, but you MUST pay the bill every month.

Lets sum this up.

1) When you use a credit card you are borrowing money from the credit card company. You are required to pay that money back with interest.
2) You receive a monthly statement telling you what the previous balance was, how much was charged during the month (if any), how much you paid during the month, how much interest was charged for that month on the outstanding balance and what the new balance is. The statement also tells you your annual APR (usually different amounts for purchases and cash advances) and also the daily rate on the outstanding balance.
3) By law they have to tell you how long it will take to pay off the balance if you just pay the minimum payment.
4) The monthly interest is added to your balance and then additional interest is charged on that. On a $5000+ balance your monthly interest is likely to be $89+ and if you don't pay at least the interest, your balance will continue to rise.
5) Closing the account will not change this. All closing the account will do is prevent you from using the card to purchase more. The interest will continue to to be charged and compound.

I suggest you contact a credit counseling service to negotiate with the card issuer on your behalf.