Understanding 0 Balance Transfer Credit Cards
Have you checked the mailbox today? Chances are you received a credit card pitch. Yes, I know these redundant applications can get a little annoying, but some aren’t bad if you take a look at the fine print. Many of us could use 0 Balance Transfer Credit Cards. This way you can take that horrific lump sum off of your current high interest card and stick it on the new one. This will save you some cash as months go by. The question is; how many credit cards are you currently holding, and what are the interest rates on each one? We all need to keep better track of this to avoid throwing money out the window.
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July 28th, 2009 at 12:47 pm
As if this isn?t bad enough, many banks are dropping the credit limits and jacking up the interest fees with no notice to their customers. Charging their gambling outings may turn out to be even more costly than they realize at the time.