Is it a good idea to use balance transfer credit card to make default mortgage payments?
Date: Wed, 03/31/2021 - 18:29
Is it a good idea to use balance transfer credit card to make default mortgage payments? what do you suggest
The new balance you add to
The new balance you add to your blance transfer card is usually charged at a different rate of interest and not zero or low interest.
A better option would be to make your default mortgage payments with a credit card and then opt for balance transfer, if possible and creditor allows to do so, and repay the existing balance within the introductory period.