do not seek the treasure

Don't Fall Into The Credit Card Balance Transfer Trap

If you’re holding a hefty balance on your credit card at a double-digit interest rate, it might be tempting to apply for that new credit card promising you 0% interest on balance transfers for anywhere from 12 to 18 months. While it’s definitely a sound idea to pay less interest, don’t be tempted into behavior that will only lead you into deeper debt. [More]