As you probably know, many pros and cons exist when transferring your debt to 0% interest balance transfer credit cards.
But what the heck are they?
I mean, it seems like a no-brainer right?
You’ll pay no interest for a promotional period of time so 100% of your payment will go to the principal.
Sounds like a win to me. And quite often it is a win.
But not always.
When you know all the pros and cons, you can accurately determine if transferring your debt to a balance transfer card makes sense for you.
With that in mind, I’ve put together a complete list of pros and cons below to help you decide if you should transfer your balance. [Read more…]