| It is very easy, these days, to run up those credit | | | | Transferred Amount |
| cards to the max. So many things, and bills that you | | | | Once you have made the balance transfer, it is time to |
| can easily put on them, that they can tend to get out | | | | take advantage of it as much as possible. This means |
| of control. However, with the interest rate that you are | | | | you now have the same amount of credit card debt, |
| paying on them, and possibly some late fees, getting | | | | but now you do not have to pay the high interest - for |
| out of credit card debt is not going to be easy. So, it | | | | the length of the introductory offer. The way you take |
| may be time to stop dreaming about what you don't | | | | advantage is to pay it down as much as possible, |
| have, and take some deliberate steps to correcting the | | | | within that time period. If possible, try to increase your |
| problem. Here are some things you can do - and you | | | | payment just to bring it under control - as quickly as |
| can use a new credit card to do it. | | | | possible. |
| Get A Credit Card With Balance Transfers | | | | Put Away Your Other Credit Cards |
| It may be a little hard to believe, but another credit card | | | | While some may not be able to resist the temptation |
| could very well be a key to help you get out of debt. | | | | to use up some of that available credit on the now |
| You will first want to apply for a credit card that | | | | empty credit cards, you need to forget about them. In |
| permits balance transfers. Most credit cards will now | | | | fact, you should probably close them down, but leave |
| have this feature on them, as an introductory offer. It | | | | at least one other card open. It is true that having other |
| allows you to take the balance from another credit | | | | credit cards open can help your credit rating. |
| card and put it on the new one. Generally, you will | | | | The best way to control those credit cards is to pay |
| have up to 15 months to enjoy an interest rate of 0% | | | | off the total each month. This will allow you to |
| on any amount transferred. | | | | continually get a 0% APR balance, and keep a good |
| There are, however, a couple of little tricks that you | | | | credit score, too. Don't forget, too, that eventually the |
| want to watch out for. There are three of them that | | | | 0% APR on amounts transferred eventually runs out. If |
| involve balance transfers. The first one is that some | | | | you still have balances, try to get a new card, and |
| credit card companies charge you for this option. | | | | don't max out the old ones again. |
| Some will charge as much as 4% of the amount you | | | | Remember to look over the credit card fees, as some |
| transfer - most will not charge you. A second little trick | | | | of them can be rather costly. Avoid cards with high |
| that some employ is that you can only transfer | | | | interest rates and annual fees. You can even enjoy |
| amounts that you list on your application. The third one | | | | more benefits if you select a card that has rewards |
| being that the time frame that you actually get on the | | | | that are applicable to your way of life. For instance, if |
| 0% APR for transfers is less than the other part of | | | | you travel a lot, get one that gives you air miles, and |
| the introductory offer - possibly as short as three | | | | you will get free flights every once in a while - |
| months. | | | | depending on how often you travel - and where. |
| Take Advantage of the 0% Interest On The | | | | |