Your Credit Today

Is that balance transfer offer a good idea?In this episode of 'Your Credit Today,' your host The Real Credit Queen Angela Setters Bassard breaks down the topic of balance transfers. Angela addresses common concerns about whether balance transfers impact credit scores, including the potential negative and positive effects.Angela stresses the importance of planning and budget management when using credit cards to avoid debt. This episode covers key strategies for minimizing negative impacts on credit scores and outlines the steps to effectively use 0% balance transfer offers to manage debt and improve financial health.00:00 Introduction and Host Welcome00:49 Understanding Balance Transfers01:15 Planning and Budgeting with Credit Cards03:55 The Importance of Credit Card Agreements04:49 Introducing Creducation05:28 Impact of Balance Transfers on Credit13:26 Positive Impacts of Balance Transfers16:08 Tips for Minimizing Negative Impacts19:06 Monitoring and Managing Credit**Practical Tips for Effective Balance Tran