I’m purchasing an engagement ring for my longtime girlfriend, and long story short, the jeweler had me apply for an unwanted credit card.
Not going to go into detail with all that, but I need help deciding which course of action would be better in the long run.
I don’t want to keep a balance on the credit card they approved me for because of the ridiculous 29.99% interest rate, so what be better. Charge the card and then balance transfer to a different card for a .99% for 16 months, or simply pull out a personal loan, and just cancel the credit card from the jeweler.
I know obviously the .99% interest is hands down better, but the monthly payment for the personal loan is half what I would need to pay monthly, and i plan on making extra payments every month or so anyways.
Any advice would be appreciated! Thanks in advance!
Submitted October 19, 2021 at 11:06AM by SportHurley1 https://ift.tt/3BXOxrC
