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Results tagged with balance-transfer
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user 5363
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Loan vs Balance transfer - how to effectively calculate my way to a decision
Yes, over 18 months you'll pay slightly less interest (3.2% vs 4% by my calculations), so on $10,000 the difference will be about $80.
The breakeven point seems to be about 23 months. For shorter pe …
- 142k
9
votes
What is a way to plan and return the "balance transfer" of a credit card?
There is no risk-free way to take the cash advance and do anything with it that would be guaranteed to come out ahead in the end.
What I have done in the past (I am not recommending you do this, just …
- 142k
2
votes
Accepted
Visa balance transfer from one loan company to another
The kicker is the balance transfer fees (not to be confused with the interest rate). My guess is that B charges a flat 2-3% fee upfront just for doing the transfer. The "0% interest" might also be def …
- 142k