This is what you want if you’ve got bills you can’t pay folks. I’m not just talking about your credit card bill either, i’m talking about all bills. Everything is related right? So if you’ve got a big credit card bill, your payments are preventing you from paying your other bills…
So when you’ve got a big electric bill or a huge phone bill, what do you do? You panic, that’s what you do, and you have to get on the telephone and complain about not having enough time to pay your charges. You can’t very well transfer your huge phone bill to another provider can you and expect to not pay it for a year? I know it would be lovely wouldn’t it?
No, what you end up doing is winding yourself up about how all those people have got money and you haven’t. Well the answer is to move the credit card bill and pay the other bills instead. Once you have the other bills paid off you can concentrate on paying off the credit card bill because it’s much easier with 0% interest on the balance.
When you have used up your 0% interest rate over the 12 months (or some of them actually offer 15 months these days) then you can move your balance again with any luck to another credit card company in order to get another 12 months interest free.
