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Tag Archives: balance payoff

Will budget transfers help?

Will Credit Card BalanceTransfers Save Money In The End?

Posted on February 28, 2014 by Kristy Lamar

Balance transfers are often used as a strategy to get out of debt quicker. Move a balance from one account to another for a lower rate is a popular marketing strategy. It lures in new customers. Credit challenged households eagerly hope for an offer in their mailbox. They can’t find relief with alternative payroll or title loans but will the transfer ease money problems? Creditors mail introductory offers by the masses. The offer gives the recipient an opportunity to apply not a promise for approval. There are several introductory rates … Continue reading →

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