Balance Transfer and Poor Credit - The Bills.com Blog

Bills.com Blog > Other Questions > Poor Credit Balance Transfer

Balance Transfer and Poor Credit

Thursday, Oct 18, 2007

Question: I was wondering if it is possible to get a balance transfer credit card with poor credit (low 600s) if so what card would you recommend?

Answer: To be perfectly honest, given your current credit score, I doubt that you will be able to obtain a credit card allowing balance transfers at a reasonable interest rate.

Simply stated, there are simply no lenders willing to take on the risk of a balance transfer for a borrower with such a poor credit score. If you are having trouble paying your credit cards, you may want to consider an alternative,
such as credit counseling or debt settlement. I encourage you to visit the Debt Help section of Bills.com to review the different options available to people
overwhelmed by credit card debt.

I hope that the information I have provided above will help you Find. Learn. Save.

Best,
Bill
www.bills.com

Also, make sure to get a free financial health check-up with Bills IQ!

Submit questions/comments about this post:
Name (required)
Email (required never displayed)
Comments

Bill has answered all sorts of questions and has been able to provide those in need of financial guidance with helpful and valuable advice and information on their specific financial area of interest. If you need specific guidance on any of the above mentioned financial areas, feel free to Ask Bill your financial questions and get better informed. Also, make sure to get a free financial health check-up with Bills IQ!

Information provided by Bills.com is for general informational purposes only and is not be construed as legal, financial, bankruptcy, tax or other professional advice. Should you require more detailed information or specific professional advice tailored to your situation you should consult an attorney, financial planner or tax advisor.

While we believe all information provided by Bills.com to be accurate as of the date of its posting, we cannot ensure its accuracy. Use of this site and any information contained on or provided through this site is provided without any representations, warranties or guarantees. Bills.com is not responsible or liable for any decisions or actions anyone may take based on the information provided. Please see Terms of Use.
Subscribe to Bills.com RSS Feed