Does consolidating credit cards affect your credit score

This posts lists a bunch of the 0% balance transfer credit cards on the market today, and having the list in the first place was motivated by a reader who managed to pay off her debt with these 0% balance transfer offers.Below is her story along with the different choices out there on the market today, including a couple options with no balance transfer fees.

The amount of credit card debt you can transfer is typically up to ,000.The interest rate depends on your credit profile, and it usually doesn’t change during the life of the loan.Debt consolidation is only one of several strategies for paying off debt.I used one and it helped pay off my debt a year ahead of schedule! She said more people should take advantage of these offers to get out of debt and I totally agree.All you need to do is apply for 0% balance transfer credit cards and watch your debt shrink much more rapidly.

Leave a Reply