Credit Card Balance Transfer: 3 Pitfalls to Avoid
By iMoney - Singapore  •  May 30, 2013

Credit Card Balance Transfer may cause more problems if it is undertaken without proper considerations.

Credit Card Balance Transfer programmes are popular short-to-mid term options that can help reduce the amount of interest you are paying on top of your credit card debt. But although it can help you get out of a sticky situation, Credit Card balance transfer programmes may cause more problems if it is undertaken without proper considerations.

For those of you who are considering a Credit Card Balance Transfer, read on to find out about some common pitfalls that you should know about before signing on that dotted line

Don’t Think That Introductory Interest Rate is For Life

If you are inexperienced, you might think that the ultra-low or 0% introductory interest rate you receive when you initiate a balance transfer is for life, but it is NOT.

The truth is: you only get to enjoy ...

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By iMoney - Singapore
Making things simple enough so you have the power to always make the right decision with your wallet.
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