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Thread: 2.99% for the life of the loan!!
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05-15-2008, 01:43 PM #1Registered User
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2.99% for the life of the loan!!
So I just transferred $16,500 in ccard debt to one of my cards that offered me 2.99% for the life of the loan. That's almost $2,000 in interest saved this year!! So pumped. Now all of my debt is in one place and it's all at a nice low rate for a very long time!!!
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05-15-2008, 02:11 PM #2Registered User
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WTG....
Now just sock all your "extra" money to it and it will be gone in a flash!! 
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05-15-2008, 03:39 PM #3Registered User
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WTG, I agree put all your money into it and it will be gone in no time
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05-15-2008, 10:35 PM #4Registered User
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It is hard to beat 2.99%...now that it's all in one place it should be easier to pay it off quicker!
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05-15-2008, 10:36 PM #5Registered User
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Good for you!
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05-16-2008, 11:43 AM #6Registered User
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Wow, thats a really good rate, you should have it paid off in no time!
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05-16-2008, 12:55 PM #7Registered User
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Can you PM me with the CC company that offered you a great deal?
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05-20-2008, 10:50 PM #8Registered User
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This is great. Just be sure not to use that credit card that you transferred your debt to. If you use it, the new usage will probably be at a higher rate. Any payments you make will go toward paying off the lower interest transfer,(or at least a big portion of the payment will), so the higher interest new use just sits around collecting more high interest. When I did this I hid the card in a safety deposit box and never used it, and I got my debt payed off in no time. It feels great.
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