Options for high interest maxed out credit card?
I am using a throw away because I am beyond embarrassed about my situation.
I have two credit cards, both maxed out. One is with a credit union and reasonable interest. I am making payments on that one. The other is a chase sapphire card with high interest and maxed out. I missed a payment this month of $500 and my credit score went from 680 to 640.
I missed this months payment because I am moving to a cheaper apartment and I needed the extra cash to pay the deposits. Once I move in, I will be able to make payments again.
The interest on the chase card is killing me. I called them to discuss hardship options and they told me they were not offering any options.
My friend who was in a similar situation transfered their balance to a 0% card and got a sofi loan. I am considering doing the same and leaving chase behind to focus on paying off this debt.
I am looking for feedback on balance transfers and consolidating loans. Is this an option or would I be trapped with a different monster?
I am dedicated to paying off this debt. I got a new, higher paying job and have stopped using my credit cards.