Comments on: Study Shows Majority Of Americans Aren’t Aware of 0% APR Balance Transfer Credit Cards http://www.smartbalancetransfers.com/blog/2012/04/study-shows-majority-of-americans-arent-aware-of-0-apr-balance-transfer-credit-cards-673/ The Balance Transfer Credit Card Resource Wed, 20 Mar 2013 14:49:51 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Jeffrey Weber http://www.smartbalancetransfers.com/blog/2012/04/study-shows-majority-of-americans-arent-aware-of-0-apr-balance-transfer-credit-cards-673/#comment-4756 Jeffrey Weber Fri, 28 Sep 2012 15:00:13 +0000 http://www.smartbalancetransfers.com/blog/?p=4079#comment-4756 Crystal,

It sounds like you had a very poor adviser. Based on what you’ve shared, I would highly recommend contacting a non-profit credit counselor at http://www.nfcc.org. These companies will work with your credit card companies to get your interest rates reduced (often significantly) and help devise a payment plan that doesn’t break your budget. Any financial adviser with any knowledge of consumer credit should have helped you in this way.

Wish you the best in resolving your debt situation.

]]> By: Crystal http://www.smartbalancetransfers.com/blog/2012/04/study-shows-majority-of-americans-arent-aware-of-0-apr-balance-transfer-credit-cards-673/#comment-4750 Crystal Fri, 28 Sep 2012 04:25:19 +0000 http://www.smartbalancetransfers.com/blog/?p=4079#comment-4750 I really need help here this is driving me crazy. I have a little too much debt and my credit score isnt good, but I tried to get a personal loan to consolidate my debt to no avail. I have a goal in mind and I feel like its just going to take me forever to get to that goal. It just seems impossible, even an advisor left because there was no solution, Im also in the process of thinking about a part time job though also. Do you have any help or advice for me?

]]> By: Jeffrey Weber http://www.smartbalancetransfers.com/blog/2012/04/study-shows-majority-of-americans-arent-aware-of-0-apr-balance-transfer-credit-cards-673/#comment-3631 Jeffrey Weber Mon, 07 May 2012 13:59:37 +0000 http://www.smartbalancetransfers.com/blog/?p=4079#comment-3631 Lila,

It is generally quite difficult to get an initial credit limit of more than $15,000 and many often get limits in the $5,000 to $10,000 range. Despite this, being able to move 20% of your debt to a 0% card should relieve some of the pressure the high rates are causing.

I would recommend transferring as much as you can get approved for and then paying the minimum on the new 0% card while paying as much as possible on the high rate cards to maximize interest savings.

]]> By: Lila R. http://www.smartbalancetransfers.com/blog/2012/04/study-shows-majority-of-americans-arent-aware-of-0-apr-balance-transfer-credit-cards-673/#comment-3614 Lila R. Sun, 06 May 2012 02:34:45 +0000 http://www.smartbalancetransfers.com/blog/?p=4079#comment-3614 My Citibank card with a 15.24% rate is nearly at its limit of $50,000. How much can I expect to transfer to a 0% card? In other words, what is the amount that is typically allowed to be transferred? My credit score is around 720.

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