Play The Great Credit-Card Shuffle!
Over the past year, around 8½ million people have taken advantage of the 0% balance transfers on offer from credit-card companies.
A recent survey from MoneyExpert reckons that about a quarter of all 33 million credit cardholders have shifted existing balances to a new credit card in the past twelve months.
They've done this in order to enjoy an extended interest-free period which can last a year or more. This research reveals that cardholders have transferred an average of £764 apiece, with the total adding up to a mighty £6½ billion, or more than a tenth of our total card debt.
A recent survey from MoneyExpert reckons that about a quarter of all 33 million credit cardholders have shifted existing balances to a new credit card in the past twelve months.
They've done this in order to enjoy an extended interest-free period which can last a year or more. This research reveals that cardholders have transferred an average of £764 apiece, with the total adding up to a mighty £6½ billion, or more than a tenth of our total card debt.
Read more at: Play The Great Credit-Card Shuffle!
posted by e-borneo.com @ 7:30 PM
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