If you are carrying a credit card balance or a furniture purchase with a typical interest rate of 14.00%, 21.99% or 27.99%, you can save an incredible amount of money by transferring your balance to a 0-percent balance transfer credit card!
Here is an example of savings that can be achieved.
Balance: $7,000 Interest: 21.99% Monthly Payment: $140
If this balance were transferred to a 0-percent balance transfer credit card with a 3-percent transfer fee, the calculations would look like the following.
This ONE MOVE could save $1,314.22 in ONE YEAR! If the balance would not have been transferred using a 0-percent balance transfer credit card, the actual balance owed would have dropped by a mere $141.47. By choosing to take just 15 minutes to fill out an on-line balance transfer application, a total principal reduction of $1,330 could be realized.
$1,314.22 saved for 15 minutes work. That’s like making $5,256.88 an hour!