Balance transfer credit cards can be a powerful tool for managing debt—especially when they offer 0% introductory APRs. However, they’re not a one-size-fits-all solution. In some cases, a balance transfer might do more harm than good. Before you make the leap, it’s crucial to understand when this strategy might backfire. When a Balance Transfer Might […]
When you apply for a credit card, you do so with the best intentions. Even if you need it to get you out of a rough spot, it’s your hope that you don’t cause more harm than good. Unfortunately, there are a variety of spending habits that can bring trouble to your financial life. Here
With the first few weeks of 2019 in the books, you’ve had enough time to review your finances for a better idea of where things stand. As you look at your debt, more specifically that related to credit cards, it’s important to answer a variety of questions. For example, do you have a plan in
As you become more familiar with the benefits of a balance transfer, you may decide to learn more about the overall process. It’s the knowledge you collect here that helps you determine what to do next. Fortunately, credit card companies have made it easy to complete a balance transfer. Here are a few things you
With 2018 coming to an end, you’ll want to make many key decisions in regards to your finances. One of the best things you can do is review your credit report and score, all with the idea of changing things for the better as we move into 2019. If you have an excellent credit score
Now that we’re in the middle of the holiday season, it’s time to turn your attention to your budget. More specifically, the steps you can take over the next few weeks to stay on budget – no matter what comes your way. Here are five holiday budgeting tips to keep you on track: 1. Know
Are you strongly considering the idea of applying for a balance transfer credit card? While you’re aware of the many benefits – primarily the ability to consolidate your credit card debt – you don’t want to proceed until you’re 100 percent confident that it’s the right decision. Before you do anything, here are 15 balance
As you ponder the idea of applying for a balance transfer credit card, most your attention will move toward the benefits. These include things such as saving money on interest, paying off your debt sooner, and reducing the number of payments you make every month. While the benefits alone can help you decide for or
There are many ways to use a balance transfer credit card to your advantage. For example, if you have debt spread across several credit cards, it’s a great way to save money and better organize your finances. Despite the many benefits, you don’t want to proceed with a balance transfer until you’re 100 percent sure
Choosing a balance transfer credit card can be exciting, stressful, and complex all at the same time. The exciting part is that you’re doing something to improve your finances. You understand the financial impact of credit card debt, and hope that a balance transfer offer can alleviate some of the pain. At the same time,
