Transferring your debt to 0% interest balance transfer credit cards 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.
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 this complete list of pros and cons to help you decide if you should transfer your balance. [Read more…]