Ask about Balance Transfers
4 July 2008
If you're worried that you might be headed into credit card debt, it might be time to look at balance transfers. Many credit card companies off balance transfers credit cards, so compare balance transfers to find one that will suit your needs.
Many balance transfers come with a zero or low interest rates. These usually last for the introductory period, which is generally around six months. Remember to ask what the interest rate will be after the introductory is over on your balance transfer. Learn how balance transfers work before deciding on which suits you.
When comparing balance transfers, make a note of the fees, credit limit and see if you like any reward programs offered.
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