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If your credit score is above 670, and you have debt you could manage to pay off over a 0 percent introductory interest period, a balance transfer may be a great tool to help you pay down high ...
Credit Card A comes with introductory 0 percent APR balance transfer checks. You decide to use one of your balance transfer checks to pay off a $1,000 credit card balance you’re currently ...
For example, if you were to transfer $10,000 in credit card debt to a balance transfer card, your fee might be 3 percent of your balance ($300) or 5 percent of your balance ($500) depending on the ...
Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 in debt to a balance transfer card, you could pay an extra $150 to ...
Let’s consider this example: Credit Card A comes with introductory 0 percent APR balance transfer checks. You decide to use one of your balance transfer checks to pay off a $1,000 credit card ...
Starting balance. Monthly payments. Months to pay off card. Interest paid. Regular credit card. $5,000. $300. 20. $949. Balance transfer card with fee applied. $5,150
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