Transferring your debt to a 0% interest balance transfer credit card seems like a no-brainer right?
You pay no interest for a promotional period of time so 100% of your payment will go to the principal.
It sounds like a win-win, but that’s not always the case.
To determine if transferring your debt to a balance transfer card makes sense for you, it’s helpful to know all the benefits and downsides or these popular cards.
We’ve put together this complete list of the pros and cons of balance transfer credit cards to help you decide if you should transfer your balance. [Read more…]