Balance Transfers As a Credit Management Tool

Financial Tip of the Day

Many years ago when I began working and cash was tight, I relied heavily on credit cards to furnish my new apartment, etc. This naturally resulted in a debt load that became harder and harder to pay. One of the things that I used to help me pay down all my credit card debt was taking advantage of a zero balance card transfer offer. I jumped on it, and paid down the full transferred balance on the new card before the offer period ended. This can be a great tool to pay off debt when used properly. This article offers tips on how to successfully utilize balance transfers: How to Win the Balance Transfer Game.

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