Should I open a 0% APR Credit Card while waiting to be paid? I’m receiving my paycheck sometime in late September for 9 months of work, but I need roughly 1500 USD to get by until then. Would it be a bad idea to open a 0% APR credit card, use it for my daily expenses (groceries, travel, etc.) and pay it all off in September? Or would that destroy my credit score since I wouldn’t be paying monthly amounts….

Financing a car at 20% apr Back story, when I was 20 I financed a 2018 kia forte for $21,604 at 20.42% apr. i pay $691 a month (not counting insurance), and I take full responsibility in this decision as I can admit it was not smart at all. I have made 34 payments so far so basically I have roughly about 8,000 left to pay before I’m completely done with these payments. …

Cash advance on Chase card then balance transfer for 0% Apr? Want to buy a car for $7k cash on marketplace, but don’t have immediate cash available. I am expecting the money from work bonus shortly to have it though. I have enough credit line on my chase card to cash advance that to get the cash for it now. I also already have a Citi account with enough credit line that has offered me to do a balance tr…

E-commerce Industry News Recap 🔥 Week of Apr 15th, 2024 Hi r/ecommerce – I’m Paul and I follow the e-commerce industry pretty closely for my Shopifreaks E-commerce Newsletter. Each week I post a summary recap of the week’s top stories, which I cover in depth with sources in the full edition. Let’s dive in… STAT OF THE WEEK: Stripe surpassed $1 trillion in total payment volume last year. This insane…

E-commerce Industry News Recap 🔥 Week of Apr 8th, 2024 Hi r/ecommerce – I’m Paul and I follow the e-commerce industry pretty closely for my Shopifreaks E-commerce Newsletter. Each week I post a summary recap of the week’s top stories, which I cover in depth with sources in the full edition. Let’s dive in… . STAT OF THE WEEK: Americans were scammed out of over $1 million in online puppy frauds las…

Does APR matter if I plan to payoff within a year? Hello, I need to purchase a new car by the end of May as mine currently is a bomb waiting to go off. Im looking at cars around the $17,000 range. By the time I hopefully purchase the car (current car doesn’t kill itself to soon) I will have about $14,000 in the bank. I did some pre-qualifying shopping and Im getting like 17% APR loans, which I k…

I paid off a CC, and I get an offer in the mail that says they’ll give me really low apr for 18 months if I transfer any debt onto it. Would this be considered taking out new credit? I recently paid off about 8k in debt, and so my credit score has gone up as well. One cc that I paid off sent me this offer in the mail. It was like 3% for 18 months if I basically use it as a balance transfer card. ​ Since I already have the card, would this be considered new credit? In other words, would this ding my credit score? submitte…

Should I put a down payment on a new car with 0% APR for 60months? I happen to be in need of a new car, and Hyundai is running a 0% APR 60mo on Tucson and Santa Fe. So, I jump on it. However, this is my first time buying a car from a dealer and they asked me how much down payment I will put it. I said none cuz it is 0% interest and I would rather use the supposely “down payment” money on something else that are…

Downpayment on 0% APR Car Loan Hello, My fiance and are looking to buy a car. We are planning to purchase and finance through Hyundai which is offering a 0% APR loan. We were planning to put down $8k to get payments under $500 per month but can chip in an additional $5k she received as a gift. My question is if there is no interest on this loan, is there any reason to put do…

Looking for recommendations for credit card that offers good rewards, intro no APR Hey all. I’ve got a big expense that I’m planning (about 6k – Invisalign lol) and I have the money to cover it. My ortho offers 5% off if I pay it in full, which I’d like to take advantage of. However, I have my money in a high yield savings account earning about $70 passively every month. So I don’t wanna actually use up a chunk of that money …

Should I pay off my credit card before APR increase? I got a credit card almost a year ago and have about $4800. For the first 12 months it is 0% Apr then after 12 months it jumps to 18.5% I could get a personal loan through SoFi to pay it off with 13% Apr for 3 years. submitted by /u/Chromaticism0

Bought my first car at 24.99% apr, what do I do I got screwed, I know that now. My credit is 683, I don’t know what % I should be looking for, and I don’t really have anyone in my life I can go to for this advice. I bought the car when I was 20, 3 years ago, and I was dumb as hell, and now I wish I had done literally any research beforehand…I’m struggling really bad finacially as a result….

I am being charged interest on a credit card with 0% APR until this October, what am I missing? I’ve had a Capital One card since last October and should not be accruing interest for 12 months. Recently I’ve noticed charges for interest and I don’t understand why. I know that these promotions can be cut short if you miss a payment, but I’m quite certain I haven’t. The car is currently almost maxed out which was not my initial intention (ne…

Car Loan 39K @ 1% APR I have 39K in Car Loan at 1% APR during COVID time. I have 200K in HYSA yielding 5.25% should I pay off car loan or let the pay off amount yield 4% sitting in HYSA and take advantage of low interest rate on car? What would you do? submitted by /u/OilExtreme3324

The Difference Between a Mortgage’s APR and Interest Rate When shopping for a mortgage, you’ll likely encounter two key terms: Annual percentage rate (APR) and interest rate. While these terms often get thrown around interchangeably, understanding the difference between them can help you choose the best loan option. Here’s the difference between an APR and an interest rate,… Read more…

No one wants to refinance my high mileage car and I have a lot left on the loan at a high APR…. So I bought a 2020 Chevy Malibu last year in October because I really needed a car and I did not have any other options as far as getting one. At the time I didn’t have an established credit score, and the dealership offered it to me for 20,000 with a seven year loan at a 20% APR rate. I accepted it because this would be my only solution, and ev…

I’m 14k in credit card debt with a 29% current purchase APR. Do I request a loan? I’m 26 and I’m in 14k in credit card debt between two capital one credit cards. They’re both at 6k+ and have extremely high interest. Believe it or not, I I am pretty financially responsible for the most part. Ironic due to the circumstances but this is from yeaaars spent. My mom was financially unstable for a while and I did my best to help sup…

I messaged discover asking to lower my apr. within a few minutes they gave me 12 months of 0% Apr. just ask Saw a similar post from 5 years ago and figured to give it a shot. Current utilization is ~90% so no idea why they did ha. submitted by /u/one-1-1

What can I do to get myself out of this car loan? My APR is at 15.95%. Okay I will explain very shortly. I got myself into a very poor situation. I had bad credit, (599) I was desperate because my last car was breaking down a lot. My current car loan was financed for $33,581 at 15.95%. Very stupid yes. But it gets worse. I also had negative equity from the previous car. My car now is valued at $19,005. My monthly p…

Chase credit card offering me 0% APR promotion on balance transfer… The fine print seems misleading? I have a Chase Freedom Unlimited card — I opened it a couple years ago to receive 0% APR for the first year on a planned, big purchase. I paid off that balance in full before any interested accrued and I have not used the card ever since. Chase has sent me a few offers now for a 0% APR 14-month promotion on a balance transfer for that card, and…