At least for those of us who truly want to get out of debt.

I just received notice from my highest interest card that a substantial portion of the balance was just paid, thanks to successfully opening another card with a VERY LOW fixed rate for transfers. The high rate was 24%, the new rate for that portion of my debt is now under 3% (better than a personal or consolidation loan).

The only unfortunate part is that the new card posted the transfer on the closing date of my March billing cycle, so I have to make the first payment in April, instead of the planned extra amount to finish off the high rate card in April (maybe I’ll transfer the rest, since both cards have the same limit).

Regardless, I am psyched about the increased speed this presents.

Oh, by the way, I have an interview in half an hour (heading out the door now) and another interview tomorrow at 8 AM… Wish me luck!!!


Bookmark this article!

TechnoratiDiggStumbleUpon

GoogleYahoo

SlashDotDel.icio.usFacebook


Leave a Comment