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Disclaimer: if you're in a situation where you're paying credit cards with other credit cards, you're actively courting financial ruin. That said: in the US, c
by runako 7y ago
Disclaimer: if you're in a situation where you're paying credit cards with other credit cards, you're actively courting financial ruin.
That said: in the US, credit cardholders are inundated with balance transfer offers. Frequently, this involves the credit card company mailing checks to their customers. These checks work just like they are attached to a checking account, but they are backed by the underlying credit card. I am aware of a few companies that juggled credit card offers in this way to get off the ground.
- acollins1331 7y agoI would disagree. Ive made it through college by just transferring balances to 0% interest cards and get a new one every 15 months or so. I pay 2% balance transfer fees or so everytime. Which is a better rate than the big Banks get from the fed.