What is better, 4.99% for lifetime of bal. trans or 0% offers?

#1 (**permalink**) 01-08-2008, 12:52 PM

Is it better to keep transferring balances to 0% cc's or better to lock into a fixed rate til the balance is paid off?

Jeanie · #2 (**permalink**) 01-08-2008, 07:59 PM

I would say depends on how much debt you are trying to pay off if it would be smart or not..

#3 (**permalink**) 01-09-2008, 06:59 AM

I would trust more the fixed rate.

#4 (**permalink**) 01-18-2008, 11:20 AM

If you can take the balance and transfer it a 0% and divide by lets say 12 months and afford to make those payments, you will have the balance gone before interest kicks in. If you cannot afford those payments and need longer than the 4.99% for the life of the transfer is the way to go.

Good Luck

#5 (**permalink**) 05-31-2008, 12:35 AM

i think it is depend on you or it is depend on your usage.