Spring-Cleaning, and Paying Off Different Types of Debt
NerdWallet's Smart Money Podcast
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How to Qualify for a Balance Transfer Credit Card
A balanced transfer credit card is a way to move the balance of a card or cards with a high interest rate to another that's made for this. With a debt consolidation loan, you can qualify with less than good credit, but lower scores will tend to mean higher interest rates. The amount of a balance you can transfer over is limited by what credit limit you're granted when you are approved for the card. You just don't know what your credit limit is going to be with most cards until your application is complete.
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