Earlier this month, I realized that my low balance transfer rates were expiring. One thing that I always thought would be great to do is to only have our debt on one or two cards at most. That way, I’m not worrying about making as many payments on time. It gets stressful trying to remember all of the payment dates.
I ended up transferring our credit card debt to one of our credit cards. The transferred balance now has a rate of 9.9%.
I haven’t even looked yet at the possiblity of transfering that balance to a new card to take advantage of a low balance transfer percentage. Something is telling me to hold off for a little bit.
That’s the weird thing about me. If I get a feeling about something, I usually listen. Yes, it may cost us a little bit in interest to wait and who knows if my feeling may be right or not. But I listen.