BTC
Debt Refinance Student Loans

Risks and Rewards of Balance Transfer Credit Cards

After I resolved the Loan Group fiasco, I undertook our most risky strategy yet. We used a Zero-percent balance transfer credit card. What is a 0% BTC? Many credit card companies issue promotional offers to entice customers to switch their business. Zero Percent Balance Transfers are a common enticement. By applying for the card and indicating what current credit card you have a balance, the new card issuer will pay off the old card, and issue you a new card with an equal balance. This balance will then have a 0% APR for a term, usually 6, 12, or 18

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student loan refinance - nope, Eagle.
Debt Refinance Student Loans

Student Loan Refinance – FIRE Edition

Our next foray into repaying our $107,000 of student loans was learning about student loan refinance and consolidation. I researched several options, including SoFi and Citizen’s Bank, where Mrs MF held a checking account. I submitted our request to refinance to both companies. We included myself as a co-borrower because I had better credit due to the age of credit history. At the time, interest rates were at historic lows, but the US Federal reserve was rumbling about, and eventually did, raise its benchmark interest rate while we made┬áthis decision. Student Loan interest rates are tied to the LIBOR benchmark,

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