Hi I have a $10k credit card debt that I would like to transfer the balance to a 0% card. (Just trying to buy a year or so?s grace in order to pay down my cc debt!)
I have read on the forum that a credit card balance transfer trashes your credit rating? Can someone tell me more about this?
I am purchasing a property that will settle in a months time ? is this something I have to declare on a credit card application? (I presume the impending loan would be revealed in a credit check anyway?)
Does applying for another credit card in any way risk the approved home loan going through and settling? (ie would it be better to wait until after the settlement date to apply?)
Thanking you in advance for any replies!
I have read on the forum that a credit card balance transfer trashes your credit rating? Can someone tell me more about this?
I am purchasing a property that will settle in a months time ? is this something I have to declare on a credit card application? (I presume the impending loan would be revealed in a credit check anyway?)
Does applying for another credit card in any way risk the approved home loan going through and settling? (ie would it be better to wait until after the settlement date to apply?)
Thanking you in advance for any replies!