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Stock impact report

Need a New Year's money makeover? A balance transfer credit card could simplify your financial life [Yahoo! Finance]

Nelnet, Inc. (NNI) 
US:NYSE Investor Relations: nelnet.com/investors
Company Research Source: Yahoo! Finance
Have you built up a credit card balance thanks to all that holiday spending? A balance transfer may be just the cleanse you need. A balance transfer is when you move credit card debt from a card with a high interest rate to one with a lower interest rate—or even a card that offers a 0% APR for an introductory period of time. By consolidating high-interest credit card debt and slashing the additional interest accruing in the account, you can save a ton of money and pay off the balance faster. In order to attract new customers, many cards offer introductory 0% APR promotions, while other issuers advertise balance transfer deals to existing customers. You may be able to request one through your online account, or your card issuer may send you balance transfer checks in the mail. One thing to keep in mind: You can't transfer balances between credit cards from the same issuer. When selecting a new balance transfer card to apply for, make sure it's issued by a different bank or credit Show less Read more
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