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At this point my balance on the loan had been reduced to $13,000, which meant that a balance transfer of $7,500 (leaving wiggle room for fees) would help me cut the balance by more than half.
Assuming you pay it down to $9,000 and move that loan — now including an estimated $360 fee — to a balance transfer card with a 0 percent intro APR for 15 months, the payments would rise to ...
The most important reason to pursue a balance transfer credit card is to take advantage of a low or 0 percent introductory APR offer. By transferring your debt to this new card, you start saving ...
A balance transfer is when you move your balance from one credit card to another offering a lower or 0% annual percentage rate (APR) for a set period of time, usually six months to up to two years ...
Apply for a Balance Transfer Card: First, apply for a card that offers a 0% APR on balance transfers. You’ll need to meet the credit score requirements, so check your credit before applying.
1. Consider a 0% APR offer. A balance transfer credit card offers a way to pay down high-interest debt within a 0 percent introductory period, helping you to consolidate and pay off what you owe ...
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