How many cards should I apply for at the same time?

We are thinking of applying 0% credit cards to transfer my 15k balance on another card to. we are trying to get out of credit card debt and 0% will help out tremendously. The 15k worth of credit card debt is on 1 card at 11.9%. The interest is averaging $135 per month. Should we apply for 3-4 cards at 0% at the same time or wait until we know the credit limit of each card? we were going to assume that when we applied that each company was going to start us out at 5k.

How many cards should I apply for at the same time?

No, multiple inquiries only count as one when applying for a mortgage, I think. For credit cards, all inquiries count separately. Apply for one first, see what limit you get and then apply for another if you must.

Here%26#039;s a good list of 0% offers:

http://www.e-wisdom.com/credit_cards/bal...

How many cards should I apply for at the same time?

The best answer I can give to you is to check out Dave Ramsey%26#039;s web site and listen to his radio show or buy one of his books. He has helped many people obtain financial peace. My opinion is that you should pay your 15K balance off with bigger payments and not apply for more credit cards and not to charge anything else. Pay cash for all other purchases. Three extra credit cards would be a bad temptation to have around.

How many cards should I apply for at the same time?

Every time you apply for any credit your score gets dinged. Not a lot, but applying for several cards at once will send a red flag to the credit companies and you may get denied that last card. When you apply for so many cards at once they can figure out your situation - you%26#039;re in debt and they don%26#039;t like such a risk.

The rates could jump up from 0% on the other cards too depending on their terms and how they check your credit. I would advise against applying for all of them at once. Wait at least a few months in between applications.

How many cards should I apply for at the same time?

I would suggest daveramsey.com too. You can listen to his radio show from his website. He has lots of great advice on money and debt. It doesn%26#039;t cost a dime to listen.

You have to be really carefull when transferring to other cards. The credit card companies make all the rules and can change the rules anytime they want.

If you transfer to a 0% card. Pay it off and then cancel all the cards and stop playing the credit card game.

Also, you might want to go to YOUTUBE and watch a 9 part show called %26quot;In Debt We Trust%26quot;. If you have any credit cards after watching it, you%26#039;ll get rid of them.