If you are suffering from extensive credit card debt with high interest rates, you've probably heard that transferring your balances from a high interest credit card to one with a 0% interest rate can save you hundreds of dollars in interest and help you to pay off your debt faster. If you think this kind of offer sounds too good to be true, you could be right. There is an increasing number of credit card companies that now advertise 0% interest balance transfer offers, but with hidden charges for balance transfers buried in their credit card application's fine print. Is this price worth paying?
0% Balance Transfers Lasting 1 Year Return with Higher Fees
Credit card companies have been reducing the length of 0% APR offers all year. However, a few companies have recently increased the duration of 0% rates on balance transfers while also increasing fees.
New Credit Card Flyers Website Encourages Customers to Take Action on Dwindling Number of 0% APR Balance Transfer Credit Cards
May has been a particularly hard month for consumers carrying credit card debt, as finding affordable and low interest balance transfer options has become more and more difficult. Luckily, the New CreditCardFlyers.com carries a wide assortment of credit card options with 0% balance transfer for consumers with bad credit histories. CreditCardFlyers.com's easy-to-use comparative tools, informative blog, and constantly updated industry news help consumers easily find the card with all their required attributes.
