A lot depends upon the terms of the loan.
I have transferred from a high interest to a lower interest several times over the years.
There are a few things you need to consider.
Be aware that a credit card company can raise your rate at anytime for any reason.
Will they let you write a check to yourself?
All my best,Danni
In my opinion,
if you have scoured the fine print and know all the pitfalls -- it would definitely be worth it to change to a 5.99% interest rate.
Just make sure you don't use the 24% rate card again (BTDT as I think a lot of us here have *blushing*).
Becky
CL of 4th, 5th & 6th grade Scoliosis
Hi, I use to work at a bank and thought I was fairly credit wise, but over the years I have made some stupid mistakes.
Norma
"Patience is the best remedy for every trouble"- Plautus
Hey, Mary Ann,
Ok I am old, half blind because I gave Raymond my eye glass money and can't spell without spell check
Well you get the point. Omaha
Besides what would all you ladies have to laugh about if I didn't make silly mistakes.
Guess his name was the next word down.
Hugs
Mary Ann
Pages
A lot depends upon the terms of the loan.
I have transferred from a high interest to a lower interest several times over the years.
There are a few things you need to consider.
Be aware that a credit card company can raise your rate at anytime for any reason.
Will they let you write a check to yourself?
All my best,
Danni
In my opinion,
if you have scoured the fine print and know all the pitfalls -- it would definitely be worth it to change to a 5.99% interest rate.
Just make sure you don't use the 24% rate card again (BTDT as I think a lot of us here have *blushing*).

*wearing my hat*Becky
CL of 4th, 5th & 6th grade Scoliosis
Hi, I use to work at a bank and thought I was fairly credit wise, but over the years I have made some stupid mistakes.
Norma
"Patience is the best remedy for every trouble"- Plautus
Hey, Mary Ann,
Ok I am old, half blind because I gave Raymond my eye glass money and can't spell without spell check
Well you get the point. Omaha
Besides what would all you ladies have to laugh about if I didn't make silly mistakes.
Guess his name was the next word down.
Hugs
Mary Ann
Pages