When you get an offer in the mail saying you are pre-qualified or pre-approved for a 0% offer on credit card balance transfers don’t get too excited.  Those things are sent to zillions of people.  Machines crunch some numbers through a mix of formulas and if you fit into a company’s particular category, you will get one of those credit card offers.  Here is the catch.  Just because they say it, doesn’t mean it’s true.  That 0% offer and your ability to get it, depend upon your credit score and history.  They can still turn you down.  My advice, know what your score is and if it makes sense because you have a high enough score then you may want to apply and get out of a high credit card interest rate.  But if they say no, it will actually lower your credit score even further because of the inquiry.  There are numerous different types of credit cards available from credit cards with the best interest rates to the best credit card rewards programs to credit cards for those with credit scores indicating very little life.  Search for a credit card online first, don’t settle for what is sent in the mail as a marketing puff piece.  Find the best credit card that fits your needs not the credit card companies.

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