Comments on: Transfer HELOC to Balance Transfer Credit Cards? http://www.askmrcreditcard.com/creditcardblog/transfer-heloc-to-balance-transfer-credit-cards/ Latest Credit Card News, Reviews and Information Thu, 09 Feb 2012 07:48:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: landlady http://www.askmrcreditcard.com/creditcardblog/transfer-heloc-to-balance-transfer-credit-cards/comment-page-1/#comment-15187 landlady Tue, 22 May 2007 16:06:20 +0000 http://askmrcreditcard.com/creditcardblog/transfer-heloc-to-balance-transfer-credit-cards/#comment-15187 I did this exact thing, although I wasn't able to get a 0% balance transfer - I had to settle for a 2.9%. Still considerably better than the 10% that my HELOC was at previously, and now I'm paying off the principle. Credit cards are a very useful tool, if you can use them smartly. The key with this plan is to not miss (or be late) with any payments. I did this exact thing, although I wasn’t able to get a 0% balance transfer – I had to settle for a 2.9%. Still considerably better than the 10% that my HELOC was at previously, and now I’m paying off the principle.

Credit cards are a very useful tool, if you can use them smartly. The key with this plan is to not miss (or be late) with any payments.

]]> By: DBlog http://www.askmrcreditcard.com/creditcardblog/transfer-heloc-to-balance-transfer-credit-cards/comment-page-1/#comment-541 DBlog Sun, 04 Feb 2007 00:42:09 +0000 http://askmrcreditcard.com/creditcardblog/transfer-heloc-to-balance-transfer-credit-cards/#comment-541 I agree with 100% on both point 1 & 2. I think it's also very important to note that if you are going to try to "surf" 0% intro APR offers, you need to make sure that your credit score stays high. You could qualify for a great 0% deal one year, then, when it comes times to transfer to a new 0% deal, your may get rejected if your FICO score has declined significantly. I agree with 100% on both point 1 & 2.

I think it’s also very important to note that if you are going to try to “surf” 0% intro APR offers, you need to make sure that your credit score stays high. You could qualify for a great 0% deal one year, then, when it comes times to transfer to a new 0% deal, your may get rejected if your FICO score has declined significantly.

]]>