http://www.mynewchoice.com/2006/08/12/use-low-rate-balance-transfers/ Debt free, financially independent and retired early Wed, 01 Feb 2012 18:00:10 +0000 hourly 1 http://www.mynewchoice.com/2006/08/12/use-low-rate-balance-transfers/comment-page-1/#comment-12 Should I Close My Credit Card After Paying the Balance? » My New Choice Thu, 24 Aug 2006 04:42:00 +0000 http://www.mynewchoice.com/2006/08/12/use-low-rate-balance-transfers/#comment-12 [...] As an added bonus, keeping the credit card account open will likely provide opportunities for attractive balance transfer offers.  Once the credit card has been paid, you will likely begin to receive offers to transfer other higher rate debts to that card.  As mentioned in a previous article, low-rate balance transfers can be used to your advantage to save you thousands of dollars in finance charges. [...] [...] As an added bonus, keeping the credit card account open will likely provide opportunities for attractive balance transfer offers.  Once the credit card has been paid, you will likely begin to receive offers to transfer other higher rate debts to that card.  As mentioned in a previous article, low-rate balance transfers can be used to your advantage to save you thousands of dollars in finance charges. [...]

]]> http://www.mynewchoice.com/2006/08/12/use-low-rate-balance-transfers/comment-page-1/#comment-2 Snowball Method to Eliminate Credit Card Debt » My New Choice Wed, 16 Aug 2006 04:35:28 +0000 http://www.mynewchoice.com/2006/08/12/use-low-rate-balance-transfers/#comment-2 [...] While this is a very basic example, it does help illustrate the point of how powerful the snowball method can be to eliminate credit card debt. When coupled with the leverage of low-rate balance transfers, the snowball method is an outstanding tool for debt reduction. [...] [...] While this is a very basic example, it does help illustrate the point of how powerful the snowball method can be to eliminate credit card debt. When coupled with the leverage of low-rate balance transfers, the snowball method is an outstanding tool for debt reduction. [...]

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