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June 12, 2012

The ins and outs of 0% balance transfers

Yet again has an insightful article with good, basic advice. This particular article is about the benefits and risks of zero percent credit card balance transfers. Basically, the risk is the fee that most credit card companies charge to transfer a balance and the risk that you lose the incentive to pay down the debt while york are not being charged interest. The pros are that, if done right, you can save a ton on interest.

The article is here and is worth a read - Happy reading and balance transferring!

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