Do you know of people who have dramatically cut their cost of living by taking advantage of interest free credit card offers? Chances are, you'll be racking your brain trying to think of people, despite the overall popularity of these offers. It's amazing that more people do not see 0 interest APR balance transfers as a 'get out of debt free' card.
If you can obtain a card with a long (at least twelve months) introductory period, you can not only reduce immediate financial pressure, you can use some of your savings to pay down your credit card debt every month. This is a great way to reduce debt painlessly while still improving your current standard of living.
However, it is important to remember that 0 interest APR balance transfers do not offer a permanent solution to high monthly credit card costs. After the introductory period has ended you will once again be charged normal interest every month. It's therefore important to make the best use of your interest free period and reduce your credit card balance. In fact, if you can maintain your current payments once you can transfer your balances, you will be able to significantly reduce your credit card balance or even even pay it off entirely.
If at the end of your interest free period, you have not been able to reduce your credit card balance as much as you would like, you can consider other 0 interest APR balance transfers. If you can find another suitable interest free offer there's no reason why you can not transfer your balance again. However, it is wise to pay down your balance by as much as possible during your current introductory term, because you can not guarantee that an appropriate credit card offer will be available when you need it.
To gain the most benefit from 0 interest APR balance transfers, it's a good idea to have a plan. If you take it as an opportunity to reorganize your finances, reduce your debt, create a new budget and make new decisions, a balance transfer credit card can be the first step to a stronger financial future. If, on the other hand, you simply enjoy having more money to spend every month and you do not reduce your credit card balance, you'll be in the same position at the end of the interest free period.
The quickest way to find and apply for 0 interest APR balance transfers is to do an online search. However, there are so many introductory credit card offers currently available that it can be time consuming to wade through them all. The easiest way to choose a special offer card is via a credit card comparison website that has already done most of the work for you. These sites provide easy to understand comparisons between a smaller range of the best value cards. This makes it easy to choose the right card for you. Usually, you'll also be able to apply online on these websites. What could be easier?