Monday 11 July 2011

Balance Transfer Credit Cards

From the word itself, its the transfer of your remaining balance to your existing credit card, but you must pay then for lower rate or even at 0% interest. In more simple way, the transfer or the moving of your dept from one card to another. Sometimes the transfer of credit cards are used to lower the credit card interest rate. It may be depend on months and the percentage as well. It can be 0% for 20 months, 0% for 18 months, for 15 months. So now, if you have existing credit cards, think if you will practice credit card balance transfer.

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