Cleaning up your debt from the holidays quickly will put you
in a much better financial position for the rest of the year, and having a low
interest rate will give you the opportunity to pay it off much faster. There are lots of credit card offers out
there, and it can all seem very confusing.
So how should you tackle it?
First, check with the credit cards you use to see if they
are offering any specials. Many places
run balance transfer special periodically.
A couple important things to find out are, what is the special rate, how
long is that rate in effect, will the rate go up if I make a payment late one
month, what will my rate be if I still have a balance remaining after the
special rate has expired, is there a maximum amount I can transfer, and is
there a fee to do a balance transfer (if so, find out how much). Next, compare your offers to see which one is
best for you.
Now that you have found the right offer, gather all your
credit card statements, and see which cards you are paying the highest interest
on. If you’re not sure which ones to
move, call one of our friendly loan officers and make an appointment to go
through your statements and find the best plan to get your credit card debt
paid up. You will be amazed at how much
money you will save!
While you are comparing offers, make sure you check with us
for more details on our special! We are
offering 0% APY*until 12/31/2015, but you have to do the balance transfer
between 1/1/2015 and 2/28/2015 in order to take advantage of this great
offer. One biggie is that there is NO
TRANSFER FEE! That can be hard to find! Don’t worry if you don’t have our VISA credit
card yet, it’s easy to apply online at www.horizonccu.com
and we can have an answer for you in a jiffy.
Whether you go with our offer or another, the important
thing is to get your debt paid down and pay as little in interest as
possible. At HCCU we want to help you do
that, so if you need some help or guidance, come talk to us! Remember, success is on YOUR horizon…
*Offer valid
on transfer done by a HCCU employee between 1/1/15 and 2/28/15. APR is Annual Percentage Rate. Balance transfer at special rate of 0%APR applies
to HCCU VISA Classic, Platinum, and Home Equity Cards. Special Rate does NOT apply to cash advances
or convenience checks. Rate is subject
to change on 12/31/2015. See a member
service representative for credit card account details and disclosures.
Post by: Cari J
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