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Banks Lure Consumers with Balance Transfer Cards
Australia’s banks are luring consumers with high credit card debt into special low rate credit card balance transfer offers but analysis by financial comparison website mozo.com.au reveals the most important factor for consumers looking to tackle credit card debt is not the interest rate, but the speed in which they intend to pay off the balance.
Dos and Don'ts For 0% Balance Transfer Credit Cards
0% balance transfer credit cards are a type of interest free credit card which allow you to pay zero interest on your debt for a fixed period of time, meaning it can be a cheap way to pay off debts if you can navigate the system to your benefit However, while these credit cards can be very useful in certain circumstances, if you're not careful they could equally lose you money
Balance Transfer Credit Card Update for August
Information and advice for consumers on current balance transfer credit card trends including approval rates, changes in introductory offers, and balance transfer fee increases.
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