Thursday, December 12

0% Balance Transfer to reduce Credit Card Balance

Some would argue that transferring credit card balances to another credit card and incurring the fees associated with doing so, is not a good idea. This is a good argument for a couple of reasons; opening new lines and increasing the amount of debt. However, if you are disciplined, you may be able to make some headway on reducing the balance owed. Here is a piece from Bankrate.com that gives some good info.