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For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
Time to pay off. Interest/fees paid. Card with 15-month intro APR offer. $5,150 (principal balance + BT fee) $300. 17. $150 BT fee, $12.10 in interest. Card with no intro APR offer. $5,000. $300 ...
Many credit card companies even offer a 0 percent APR promotion where balances transferred accrue no interest for the next six to 12 months. This allows you to pay them down without paying ...
The average credit card interest rate is over 20%, so interest charges alone will take up a large chunk of your payments. On $10,000 in balances, you could end up paying over $2,000 per year in ...
A 0% intro APR credit card can be a useful way to pay for large purchases or consolidate high-interest credit card debt, acting like a no-interest short-term loan if used responsibly. And it ...
A 0 percent intro APR credit card can help you pay off existing debt or fund new purchases without paying interest. ... fund a big purchase or cover a few months of expenses interest-free. Current ...
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