Unsecured LOC

[Anonymous]

So I have a unsecured LOC for $2500 with 15.99 interest.

Currently have my WF card at $1900 with 25% interest.

Am I wrong or would it make sense to transfer the $1900 from my LOC to my bank acount and pay off my WF card?

[Fico82]

From an interest point of view it would make sense to me . But lets wait till someone with more knowledge them me to chime in and confirm .

[Anonymous]

I planned on paying it off in 3 months. so not sure if its really worth the savings

[Fico82]

If my calculations are right ...and a BIG if lol , in 3 months time frame your looking at a $30- $40 savings making this move .