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Thread: Is there any credit card for debt consolidation?

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  1. #1
    berlinlife06 is offline Member
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    Jun 2007
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    Default Is there any credit card for debt consolidation?

    I know sounds absurd to get a new credit card to consolidate your debts... I don't think that even works well! But just curious about it... Do you know of any card that can be used for balance transfers only?

  2. #2
    SageMother is offline Member
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    Default Re: Is there any credit card for debt consolidation?

    Quote Originally Posted by berlinlife06
    I know sounds absurd to get a new credit card to consolidate your debts... I don't think that even works well! But just curious about it... Do you know of any card that can be used for balance transfers only?
    I have seen promotional ads for cards, encouraging people to transfer their balances, but that was more than 8 months ago. I think the economy has probably had a chilling affect on these offers, but I could be wrong!

  3. #3
    berlinlife06 is offline Member
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    I think that would work, only if they offered really compe***ive rates. Otherwise, I don't think its worth it. But I've been thinking of that approach to help my self with my debts!

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