Re: cc transfer - what do you think?
Would you need a cash advance to pay the student loans off? Sometimes there's a cash advance exception.
Also, you understand what happens is yes, those balances are at 0% but with the purchases you make per month (minimum purchase?), they get added into your balance at 21% and that interest accrues while your normal payments go towards the low interest balance transfer.
In a nutshell, I wouldn't do it. 4.5% isn't a bad interest rate at all and don't mess around with the term with refinancing. Student loans are usually ten years and you've paid down X years so far - now you are past the tough part of the amortization and paying down principal.
If you refi. you are back to the typical screwball amortization schedule where your first payment is 95% interest and 5% principal.
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