Posted on July 5, 2008 at 3:36 pm by Sherri R

You can look to find some great deals for balance transfer offers from higher interest balances to lower interest rate cards, but beware the teaser rates and be sure to read the fine print. We have been able to shift balances from one card to the other for the last three years and pay the minimum and invest the rest in other areas. The 0% has been great but will soon dry up as the amount of debt that is being incurred by these companies will soon reach a cap. If you are in a position that you need to consolidate some of your debt make sure that you compare the various offers and this will help keep you out of trouble.

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