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For example, if you were to transfer $10,000 in credit card debt to a balance transfer card, your fee might be 3 percent of your balance ($300) or 5 percent of your balance ($500) depending on the ...
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4. Compare card offer details. When it comes to transferring debt from one card to another, here are the most important factors to consider. Length of the intro period. The best balance transfer ...
October 18, 2022 at 3:01 PM. ... Balance transfer credit cards, for instance, allow you to move your balances to a credit card with a low introductory APR while you pay off your debt.
A balance transfer is a transaction that moves existing debt from one credit card to another card. If you transfer the balance from a card with a higher APR to a card with a lower rate, or even an ...
Then, consider it if your credit score is north of 700, and your overall credit card debt is less than $5,000, as balance transfer cards generally have a limit of $5,000-$6,000 or less, he said.
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