Looking to pay off your credit card debt but have fair credit? Here's the best credit card for you.
for more information on how we choose the best cards.) But first, we look at exactly how balance transfers work.Balance transfer cards give you a promotional interest-free period to pay off your credit card debt. Transferring your debt from your current credit card to a balance transfer card lets you apply your payments directly to your balance — and not to expensive interest fees.
If used responsibly, these cards are an effective way pay down your debt faster. Of course, this works best when you pay off your balancethe introductory 0% APR period ends, so you don't end up accruing interest on the new balance you transferred over.balance transfer cards with no feeYou can transfer balances at any time, but the introductory 0% APR period begins when you open the account and lasts for six months.
Why the Aspire Platinum Mastercard is the best choice for people with fair credit to pay off their debtis a balance transfer card where applicants with fair credit have a better chance of qualifying. Even though its promotional interest period is shorter than most cards, if you're struggling with high-interest debt this six months of savings could help you get ahead.
Like many balance transfer cards, this one has a 2% balance transfer fee on each transfer . This is slightly lower than the standard 3% and still gives you considerable opportunity to save even with the fee.Before applying, note that this is a credit union card. Membership to the Aspire Federal Credit Union is required. Membership is available to employees of the credit union's Select Employer Group and their family members.
If you do not meet these requirements, you may still be eligible to join, according to its website. To inquire about
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Making only minimum payments on credit card debt could cost you thousands and take over a decade to repayMaking only the minimum payment on your credit card can be tempting, but it can cost more in interest and extend the amount of time you have to repay your debt.
Leer más »
Does being rejected for a credit card affect your credit score? - Business InsiderWhen you apply for a card, the issuer does a hard inquiry on your credit report, which can ding your credit score — but only for a few months.
Leer más »
Google is planning a checking account and debit card - Business InsiderGoogle is reportedly looking to launch a digital-first checking account and debit card in partnership with Citi and Stanford Federal Credit Union.
Leer más »
What this life coach learned by refusing to marry her husband until he paid off his $19,000 in credit card debtTalking finances with your partner is essential before taking any big life steps. Here's how one expert handled her husband's debt before they got married.
Leer más »
5 tips to build an emergency fund from scratch, even if you don't have much extra money - Business InsiderJump start your emergency fund savings using cash-back credit cards or bank sign-up bonuses. Then, save automatically each month.
Leer más »
Why I carried a balance instead of dipping into my emergency savings - Business InsiderI knew that if I allowed myself to spend that money so early on in building the new habit of saving, I might lose all the progress I made.
Leer más »