Balance Transfers & How They Can Help Maintain Good Credit

Here at Eastpoint Recovery Group, Inc. we want to ensure that when he successfully assist our customers in resolving past due, delinquent credit card debt, that they do not end up back in that situation again. This is why we will frequently publish tips to our Eastpoint Recovery Group, Inc. blog to help maintain healthy financial habits. If you have multiple credit cards with balances on them, you want to know what benefits each creditor provides to you. In come cases, creditors have 0% or low APR balance transfer options for a certain period of time. As opposed to paying high interest rates (typically between 15-24.99%) on multiple credit cards, utilizing the balance transfer option with allow you to transfer all your debt onto one account, with a much lower interest rate. Not only does this mean that you will save money in interest charges, but the likelihood of you forgetting to make a payment to one of several credit cards is diminished as well. For more information on healthy management of your credit, visit our Eastpoint Recovery Group, Inc. blog