you dont want to use up to much of your available credit as it would negatively affect your score, unless its a business credit card where utilization does not affect personal credit score. But yes generally you can max it out.
thing to remember is that at the end of the promo rate-ie a year or two you will pay standard apr unless you transfer out to a new low apr balance transfer card- from another bank. you cant transfer balances in same bank. -you wont be able to take out another student loan unless your still in school so only transfer a manageable amount.
also make sure there is no 3% fee on the transfer-
good luck
Thanks. I plan on paying it back in 15 months, per Slate terms. Slate also seems to offer no fees for transfers within first 60 days.
I'm out of school now, so no new student loans, although I hope to refinance (can't cash out as low equity). Any reason that a balance transfer would make it more difficult for me to refinance--after all, I still owe the money, just now it'll be to Chase, and not Nelnet?
Also, how would I get the money from Chase to Nelnet, my student loan provider?