Wednesday, 18 March 2020

what credit cards can i use to pay off other credit cards?

Anton Waln: And if you think it's a good idea to pay off credit cards with another credit card, that explains part of the reason for your bad credit. Shifting the debt from one credit card to another does not pay off the debt. You add those balance transfer fees (3% to 5%,depending on the card terms) and you probably don't qualified for a 0% or low special interest rate if you have bad credit.The first rule of holes is to stop digging. You need to look at what you spend your money on. Make a strict budget. Eliminate all the extras and concentrate on paying off the credit card debt. Take every penny you can squeeze out of that budget and put it on the highest interest rate card while making minimium payments on the rest. When the highest card is paid off, move to the next till all the cards are paid in full.Then only charge what you can afford to pay in full every month....Show more

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