What reflects better on your credit score? What’s financially smarter?
I know that best plan is to have no credit card debt at all, but let’s say you do. Would it be better to apply for a card with 0% interest and transfer the balance…then after a year (or however long) when the 0% offer expires apply for a new card with 0% and transfer the balance…etc. Or just suck it up and pay the 16% interest rate (or whatever it jumps up to) after the 0% is over? I heard it’s best for your credit to keep the same credit card, but it just seems smarter to go with a lesser interest rate.
Thanks in advance!