‘Credit card balance transfers’ by Paul Clitheroe
Credit card debt is what I like to classify as ‘bad’ debt. Unlike a home loan, which funds the purchase of an asset that will grow in value over time, card debt generally leaves us with little to show for our spending. That’s why it’s important to get rid of credit card debt as fast as possible. There are plenty of balance transfer deals that can help here, and while they can save you money there are also pitfalls to avoid.
