ARoy Royston Low

23 Sep 2020

∙

Is it normal for banks to do credit review after approving your balance transfer loan? 2 days after approval, they credit review and reduce my credit limit, causing me to have overdraft limit. Help!!?

AMA The Woke Salaryman

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If I have credit card debt, is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate? ?

Is it better to get a loan from the bank to pay off the credit card debt knowing loan interest rate is lower than credit card interest rate?

Is taking 2 x 6 months balance transfer better than taking 1 x 12 months balance transfer to save on the cost of borrowing?

Do you prefer to have one card with a bank that has the max credit limit or multiple cards with credit limit split across?