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Results tagged with balance-transfer
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user 22881
1
vote
Can I use a balance transfer offer to pay off someone else's credit card debt?
You were approved for the offer based on your current credit, just like any other offer of credit. The offering bank knows you'll likely use their offer if you accept it. If you accept the offer and …
- 49.1k
6
votes
Accepted
Auto Loan and Balance Transfer
This is what your car loan would look like if you paid it off in 14 months at the existing 2.94% rate:
Principal Interest Payment
$15,000.00 $36.75 -$1,091.22
$13,945.53 $ …
- 49.1k
4
votes
In layman's terms, what is balance transfer?
A balance transfer is paying one debt instrument with another. While this is typically seen in credit card offers it isn't necessarily confined to credit cards.
Obviously the only reason to do this …
- 49.1k