What is a balance transfer? Is it a good idea? – Credit Card Insider
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Today’s video is all about balance transfers on credit cards:
– What is a balance transfer offer?
– Why would I want to transfer a balance?
– Is a balance transfer a good idea?
Balance transfers with 0% APR periods may sound like a great idea in the short term, but they’re only helpful in the long term if you have a solid plan for how you’re going to pay off the debt before the 0% period runs out!
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