0 % balance transfer credit cards
I have a credit card that has a larger balance that I’m uhappy with. I do not know how to select a good ZERO interest for 15 months (or longer) credit card to transfer the balance. I am very confused…. I do not want to make a bigger mistake when trying to eliminate this debt. Can you suggest how I research the best offer?
Thank youTerry
Terry Says
First, it will do you no good to transfer the balance to stop accruing interest if you cannot pay it off during the interest-free period! Because no matter which card, if you haven’t paid off the balance at the end of that time the rate will be extremely high.
So here are two pieces of advice:
1. If you need credit counseling help, call 800-388-2227, which will connect you to the nearest local office of the National Foundation for Credit Counseling.
2. To find the best deal (including interest free period, transfer fees, etc) go to this link: CompareCards.com
