When does the APR apply to a credit card balance?

Answer The annual percentage rate on a credit card is what determines how much interest you pay if you carry a balance on the card, take out a cash advance or transfer a balance from another card to the n... Read More »

Top Q&A For: When does the APR apply to a credit card balance

When does a credit card balance show up on a credit report?

Anytime a person borrows money, whether it's a credit card charge or a loan from a finance agency, it is reported to a credit bureau almost immediately. When payments are made, your credit report ... Read More »

How to Apply for a Credit Card Balance Transfer?

Transferring balances from a high interest rate credit card to a low 1 can be a valuable tool in managing personal debt. If you possess multiple credit cards with high interest rates, consider cons... Read More »

Does my credit card balance increase with a balance transfer?

If the card you are transferring your balances to has a transfer fee, your balance on the new card will be higher than it was on the old card. Transfer fees should be considered alongside any poten... Read More »

How does a credit card balance transfer work?

A credit card balance transfer essentially refers to the act of transferring your credit card debt from one credit card to another for a temporary reduction in the interest rate being charged on yo... Read More »