INCORRECT!
Not quite! Balance transfers can be useful, but fees and APR changes matter!
“Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like.” – Will Rogers
Need A Hint?
A balance transfer can help consolidate debt, but it's important to watch out for balance transfer fees, which typically range from 3-5% of the transferred amount. Additionally, after the 0% intro APR period, a high interest rate may apply, making it essential to pay off the balance before the promotional period ends.
Did You Also Know...
By Quiz Coins
In Norse mythology, Loki is a trickster god who can shape-shift and is often both a helper and a troublemaker to the other gods.