6 steps for using balance-transfer cards
March 10, 2011 by admin
Filed under Cash Advances
Follow these six steps to get the money you need without finding yourself deeper in debt:
#160;
Dont get any cash advances. Read the fine print carefully, and make sure youre not getting a cash advance. Cash advances almost always come with major fees and extremely high interest rates. Some credit card companies will send you checks for balance transfers or cash advances, sometimes in the envelope right next to each other.
#160;
If you choose to use one of the checks for the balance transfer, check several times to be sure that you have the right one and avoid triggering a cash advance. Cash advances almost never work out well and#160;are one of the things you should not use a credit card for. I do not recommend them for any purpose. Post continues after video.
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