Credit Card Fund Transfer Loan
Did you know that you can get a Credit Card Fund Transfer Loan?
This kind of loan for a Credit Card Fund Transfer Loan is meant to use one credit card loan to pay off another credit card loan. If you borrowed from credit card A, use credit card B loan to pay off credit card A debt. Then borrow from credit card C to pay off debts of credit card B. And the cycle goes on and on ...
Guess what you have to pay? Only one card debt? Think again.
You will be getting into more debt! From high credit card interest rates of the various cards that banks charge you, processing fees, admin fees, etc, etc...
We shall look at Credit Card Fund Transfer Loan at another post.
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