Balance Transfer Advice
How to Consolidate Credit Card Debt
Perhaps one of the best ways to efficiently and effectively consolidate credit card debt is via a balance transfer. You’ve probably received balance transfer offers from your credit card issuers, but if you don’t know what a balance transfer is, ... Read More »
Balance Transfer vs. Personal Loan
It’s that time again, where I compare balance transfers to other financial instruments to see which is best in particular situations. Today’s matchup: “balance transfer vs. personal loan.” Balance Transfers In short, a balance transfer allows you to shift high-APR ... Read More »
0% Balance Transfer Isn’t Necessarily No Fee
While this may sound like an obvious mistake, I wanted to clear something up for others new to the balance transfer game. A reader noted that they received a “zero percent balance transfer fee credit card” from a credit card ... Read More »
Why Balance Transfers Are Bad
Balance transfer Q&A: “Why balance transfers are bad.” Typically, I tend to highlight why balance transfers are good, money-saving credit card debt destroyers, but today we’ll look at why balance transfers could in fact be bad for you. It’s good ... Read More »
Average Balance Transfer Fee: 3%
If you’re wondering what the “average balance transfer fee” is, I’ll spare you the suspense and tell you that it’s 3%. Before the credit crisis, it was common to see no fee balance transfer offers, but when things took a ... Read More »
