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Reply to "Should I transfer my credit card Balance?"
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[quote=Anonymous]You can do it! I also have 16k in credit card debt but I already transferred them to cards that have 0% interest til April next year. The 0% offers started to pour in once my credit score passed 700. I hope your post will get others to transfer their balances too. In most cases it makes sense. It also requires belt tightening to make sure all is paid off by the time the offer expires. 16,000+480=16,480/18 months=$916. You can do it!!! Come Sept 2016 and you didn't make it, please, transfer again or open a 0% credit card and put living expenses on it while throwing money you previously used towards living to the Visa. Seems like you have only 2 cards. It's ok to have 3 cards and done. More importantly, you are taking charge of your finances and keeping actively an eye on your money.[/quote]
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