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Reduce credit card debt
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I would like to know if it is wise for me to transfer my credit card debt to a different credit card

Asked by Gindolla 1 year ago Flag this question Flag this Question

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3 responses

+1

It depends on the apr for your current card and what apr you will get on your new card. Also if you are transferring your credit card debt be sure to consider the impact on your credit score for opening a new card. 

Reply

smile11 1 year ago

what if i already have the 2nd car and they are offering a lower balance transfer apr with no fee would that affect my credit score transferring balances from one card to another?

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nctrevor24 1 year ago

A no-fee transfer to a lower rate?  DO IT!  You'll save money and any impact to your score will be very small cosidering the fact that you already own the card that's making the offer. 

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robert0380 1 year ago

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