Comments on: Credit Card Balance Transfers: The Art of Moving Debt http://www.moneyunder30.com/credit-card-balance-transfers Personal Finance for the Young and Ambitious Fri, 19 Mar 2010 21:32:50 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: How to Use a Credit Card Responsibly - Personal Finance for the Young and Ambitious http://www.moneyunder30.com/credit-card-balance-transfers/comment-page-1#comment-343 How to Use a Credit Card Responsibly - Personal Finance for the Young and Ambitious Thu, 23 Oct 2008 20:12:14 +0000 http://www.moneyunder30.com/credit-card-balance-transfers#comment-343 [...] Grace periods are powerful because they give you the opportunity to use your credit card as an ultra-short but interest-free loan. Instead of taking advantage of this benefit, however, many consumers do not pay their credit card balance in full each month, turning their credit card into a revolving credit line. Finance charges (interest) then accumulate on the unpaid credit card balance each month. If you’re in this situation, set a debt-free plan or look into transfering your balances to a low-rate credit card. [...] [...] Grace periods are powerful because they give you the opportunity to use your credit card as an ultra-short but interest-free loan. Instead of taking advantage of this benefit, however, many consumers do not pay their credit card balance in full each month, turning their credit card into a revolving credit line. Finance charges (interest) then accumulate on the unpaid credit card balance each month. If you’re in this situation, set a debt-free plan or look into transfering your balances to a low-rate credit card. [...]

]]> By: Money Under 30 | Should You Ever Pay a Credit Card Annual Fee? http://www.moneyunder30.com/credit-card-balance-transfers/comment-page-1#comment-342 Money Under 30 | Should You Ever Pay a Credit Card Annual Fee? Thu, 08 Nov 2007 20:02:04 +0000 http://www.moneyunder30.com/credit-card-balance-transfers#comment-342 [...] Of course, this example assumes you pay off your balance in-full every month. If you don’t, forget the annual fee, any rewards you’re receiving will be eaten away by finance charges. For this reason, credit cards with annual fees tend to have high interest rates. If you’re looking for a credit card to carry a balance, never pay a fee! Check out my article on credit card balance transfers for some tips. [...] [...] Of course, this example assumes you pay off your balance in-full every month. If you don’t, forget the annual fee, any rewards you’re receiving will be eaten away by finance charges. For this reason, credit cards with annual fees tend to have high interest rates. If you’re looking for a credit card to carry a balance, never pay a fee! Check out my article on credit card balance transfers for some tips. [...]

]]> By: FIRE Finance http://www.moneyunder30.com/credit-card-balance-transfers/comment-page-1#comment-341 FIRE Finance Sun, 15 Oct 2006 23:32:55 +0000 http://www.moneyunder30.com/credit-card-balance-transfers#comment-341 <strong>Round Up of Carnival of Personal Finance #69</strong> The Carnival of Personal Finance #69 was a great carnival of information sharing with over 50 superb posts. Our post was published at Carnival #69 of Personal Finance Our post Investing - Dilbert's Personal Finance was published at this carnival. Som... Round Up of Carnival of Personal Finance #69

The Carnival of Personal Finance #69 was a great carnival of information sharing with over 50 superb posts. Our post was published at Carnival #69 of Personal Finance Our post Investing – Dilbert’s Personal Finance was published at this carnival. Som…

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