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Transfer your Credit Balance!
By Philip | April 3, 2009
Just now, I checked out ftc credit card calculator to find out how long will it take to pay off the credit card balance based on the most recent credit card bill I checked, and I’m quite surprised with the result it shows. OK, I know that using credit cards have quite been a part of our life but as there are lots of benefits that we can gain, using cards will make us suffer if we can not pay it on time and such. There would be more interest that we got to pay.
Luckily companies that offers free balance transfer with low interest still exist. Some of these companies offered zero percent interest balance transfer, but lots of them started to stop offering zero percent interest now and are either making it more difficult for one to get approved, or raise the interest rates and decrease the credit limits.
But some of the companies that still offers zero percent interest would of course helps a lot on reducing credit card debt.
You wouldn’t know how much you’d save by taking advantage of these 0% interest balance transfer offers, so I’d say that you might want to try yourself this balance transfer calculator to find out yourself how much you’d save!
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