http://www.debtreliefworks.com/eliminate-credit-card-debt-with-balance-transfer/ Resources to help you getting out of debt Tue, 10 Nov 2009 12:21:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.debtreliefworks.com/eliminate-credit-card-debt-with-balance-transfer/comment-page-1/#comment-27 srilaxmi Tue, 05 May 2009 12:03:13 +0000 http://www.debtreliefworks.com/?p=74#comment-27 Yes, as you said balance transfer is one of best method to become debt free as soon as possible. I think even if you take loan consolidation and plan to pay of your debt, you get interest charged with debt consolidation loans but if you do balance transfer to 0% interest rate cards you can reduce your debt fast. It is best way because if you transfer debt to 0% cards then there will no interest charged on your debt and what ever amount you pay go towards the debt reduction. One must remember two things with this, 0%interest on only balance transfer not on the new charges and this 0% interest rate offer is valid for only 12-15 months depending on the credit card company. Yes, as you said balance transfer is one of best method to become debt free as soon as possible. I think even if you take loan consolidation and plan to pay of your debt, you get interest charged with debt consolidation loans but if you do balance transfer to 0% interest rate cards you can reduce your debt fast. It is best way because if you transfer debt to 0% cards then there will no interest charged on your debt and what ever amount you pay go towards the debt reduction. One must remember two things with this, 0%interest on only balance transfer not on the new charges and this 0% interest rate offer is valid for only 12-15 months depending on the credit card company.

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