Sentences with phrase «only during an introductory period»
Some offers advertise a low payment rate without telling you that it applies only during an introductory period.
https://www.consumer.ftc.gov/ Not exact matches
Balance transfers only make sense if you are able to pay off the balance during the introductory period, or at the very least, you are able to take advantage of the 0 % interest to substantially pay down the debt.
It can make sense, considering that your only expense during the introductory period is the transfer fee, which can range from 3 % to 5 %.
It is wise to do the balance transfer only if you can pay off the entire debt during the introductory period.
In most cases, a debt consolidation credit card will only save you money if you can manage to pay the balance in full during the introductory period.
It's important to only use that opportunity if you know you can pay off the balance during the introductory APR time period.
Not only is the card free to hold, but you can avoid interest charges without paying your bill in full during the introductory period.