What credit score is nee

What credit score is needed for balance transfer?

670 or higherIt may not be possible to get approved for a balance transfer card with bad credit. Card issuers typically require a good or excellent credit score to qualify, which is a FICO® Score☉ of 670 or higher on an 850-point scale. But there are other ways to strategically pay down credit card debt.

What is the limit of cash loan?

Rs 20,000Under Section 269SS, an individual cannot receive a cash loan or deposit of Rs 20,000 or more from another person within a single day.

What bank is the easiest to get approved for a credit card?

No credit history required, the Discover it® Secured Credit Card offers one of the best credit cards for building or rebuilding a healthy credit history, while earning cash back in select everyday categories. No credit score required to apply. No Annual Fee, earn cash back, and build your credit history.

Can I ask my credit card company for a balance transfer offer?

With some credit cards, you can request balance transfers while filling out the application before you're even approved. Phone. You can call your issuer to request a balance transfer. As with online balance transfers, come prepared with information about the debt you're looking to move.

What is the lowest credit score for Citi card?

You need a credit score of at least 640 to 750 to get most Citi credit cards, along with enough income to afford the monthly bill payments.私人貸款計算機

What is a disadvantage to a balance transfer?

Cons of a Balance Transfer

You will typically pay a fee of 3% to 5% of the amount transferred. In most cases, there is a minimum amount for the balance transfer fee, and the lower percentage usually applies only to balance transfers made shortly after you open the credit card.

How long do balance transfers take?

A balance transfer can take anywhere from a few days to several weeks, depending on the credit card company, but they're typically done within five to seven days. Knowing what to expect can help you ensure that you stay caught up on payments.結餘轉戶

What is the criteria for balance transfer?

Eligibility for Personal Loan Balance Transfer
Age: Minimum 21 years and maximum 65 years.
Salaried individuals and self-employed professionals.
Existing outstanding loan amount should be at least Rs. ...
Clean repayment history.
More items...•

Is it better to close a credit card or transfer balance?

Closing a credit card account can negatively impact credit scores, so you may find it's best to keep your old credit card open even after your balance transfer has been completed and the balance on your old account is zero.信用卡利息計算方法

Can a balance transfer be rejected?

Sometimes, you can be denied a balance transfer because the requested amount is too high. Issuers tend to limit the amount of your available credit that can be used for a balance transfer to around 75% of your credit limit.