In its simplest explanation, a credit card balance transfer allows you to transfer a balance from an existing credit card to a new one that has an introductory annual percentage rate that is lower or a 0% APR.
Credit cards are an easy and often rewarding payment option in our daily lives, but they have the potential to cause harm if we’re not careful. Some consumers pay off their outstanding balance each month and use their cards to earn rewards. Others have balances that can’t be easily paid off or managed.
Are you planning to remodel your kitchen? Replace a roof? Improve your landscaping? No matter what projects you have on your to-do list, one thing’s for sure: It’s going to cost money. If you’re looking for a way to achieve that goal of making your house the home you’ve always dreamed it could be, consider
There are creative ways to refinance debt and save money in the process. For instance, a lower-interest auto loan can be used to refinance a high-interest loan like a credit card.
In addition to looking at your debt-to-income ratio and credit report, there are several other considerations underwriters take into account when reviewing your loan application. In this third and final part of our “Apply for a Loan” series, look at three additional questions underwriters ask. 1. How stable is your income? If you’ve been at your
When you’re considering applying for a loan, understand how underwriters look at you and calculate your debt-to-income ratio (DTI), plus take into consideration your financial situation and obligations to feel comfortable, as well.