Balance Transfers

you will find credit cards that offer a 0% APR on balance transfers for up to 1 year. As a result of the credit crunch, many credit card companies have changed the duration of balance transfer credit cardoffers from a full year to as little as three or six months.Additionally, most credit card companies have eliminated no fee balance transfers, while some major banks are beginning to charge a 4-5% balance transfer fee. Fortunately, there are still a number of credit card companies offering 0% rates on balance transfers. However, it is more important than ever to take advantage of these rates, as credit card companies have become increasingly unwilling to provide low rates to all consumers, including those with good credit.