08-14-2013 08:49 AM
08-14-2013 09:01 AM
IS IT A GOOD IDEA TO DO BALANCE TRANSFER? I GOT 9200 ON DISCOVER 0% 14MONTHS, BAL IS ONLY 254 WHICH WILL BE PAID SOON. AND THE OTHER CARD IS 603 BAL/2500 LIMIT. I WAS THINKING TO DO BALANCE TRANSFER SINCE I GOT A CHUNK OF LIMIT ON DISCO THAT IM NOT USING.
If you would pay less in interest byt ransferring the balance (don't forget to account for the 3% BT fee) then i would consider it. But $603 is probably not even worth transferring, as you probably could pay that off fairly quickly, even on an account that is accruing interest. Probably quick enough to not make it worth the trouble to do a BT.
08-14-2013 10:17 AM
Only you can crunch the numbers on your current balances and see whether there would be any savings worth doing a BT.
08-14-2013 10:21 AM
08-14-2013 10:44 AM
Well. 603/2500 soon is going to have 18% geeepeeerssss.... my disco no fee on BT and 0% for 14 months. So what do u think and when I calculate the usage on the 2500, its 24% UTL.
The Discover has no BT fee am I reading you right if so then it's worth it to BT and pay no interest?
Plus your in the garden.... cough cough and not doing apps ......better not be Lol
So you will have time to knock the balance down.
08-14-2013 11:14 AM
08-14-2013 11:25 AM
Guys. Discover says that I already missed my BT offers and its kinda like what??? :smileyconfused:
Geeeppeeerrsss! I know I have BT 0% for 14 months and now I don't have an offers... hmmmm
Don't even think about it ...LOL
So we need other options.
Can you pay a little extra per month?
08-14-2013 11:41 AM
08-14-2013 12:10 PM
When did you open Discover?
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.