Loan v. credit card?

Everything has happened at once, now I%26#039;m close to debt. I can barely afford minimum payments on the credit cards and pay for the mortgage and utilities as well. I am about to have a baby in 2 months and I know that I will need to buy so much. I%26#039;m devating whether I should get a loan or a new credit card and transfer the balances. This way I won%26#039;t need to worry about the credit card debt. Does anyone know if there is a loan where you don%26#039;t have to pay until a year or so? Please let me know!!

Loan v. credit card?

Gone are the days with 0% APR%26#039;s on balance transfers. The feature was misused so much that credit card companies thought it best to revoke these offers. The reason could be the loss of revenue to credit card companies but this habit of transferring balances frequently and avoiding the debt repayment was increasing the volume of credit card debt. Balance transfer is a good practice if done with caution and restraint. Here are 2 good credit cards with low APR rates on balance transfers.

1. Advanta Life-of-Balance Platinum Card

This credit card issued by Advanta is very popular among the balance transfer community. The reason being that it offers a low 2.99% Fixed APR for LIFE on balances transferred within 3 months. That is an offer which few credit card companies can match. With this excellent balance transfer rate the Advanta Life-of-Balance Platinum Card offers Up to 6% Cash Back or Travel Rewards. The credit card has No annual fee, and the reward program has no limits on earnings. On the whole a good credit card to transfer the balances.

2. Blue Cash from American Express庐

This credit card issued by the credit card giant American Express has No annual fee. Coming to balance transfers, the Blue Cash from American Express has a low balance transfer rate. The APR for balance transfer is 4.99% fixed for the life of balance. Another good feature of the Blue Cash from American Express is that it is a 0 Intro APR credit card. It has a 0% intro APR rate for 6 months. The reward program of Blue Cash from American Express gives Up to 5% Cash Back with Unlimited Cash Rewards. This entitles the credit card holder to earn an unlimited cash back on his spendings. Apply online at: http://www.credit-card-gallery.com/Ameri...

Loan v. credit card?

Nope, no such thing. Except for an interest only mortgage refi, that%26#039;s sort of like that, in part, for a while.

Sounds like you need more income or less expenses rather than more loans.

Loan v. credit card?

need more info on where you live and your income single or married.

Most loans are paid monthly some biweekly.

They are better because they have a lower interest rate.....go loan !!

You can get the babies stuff on a no payment for a year from a major store......again I don%26#039;t know where you live.

Better yet go and consolidate your mortgage and debt into one payment with a lower interest and maybe a longer term to make the payments lower.

Good Luck

Loan v. credit card?

there is no such thing but there are companies depending on how much debt your in that will help you consolidate your payment to one monthly payment which helps out a lot. Good Luck.