Comments on: Balance Transfer Fees http://www.debtreductionformula.com/blog/balance-transfer-fees/ Reduce Expenses + Increase Income + Discipline = Get Out of Debt Fri, 05 Mar 2010 09:37:31 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Evan http://www.debtreductionformula.com/blog/balance-transfer-fees/comment-page-1/#comment-45892 Evan Wed, 24 Sep 2008 19:55:02 +0000 http://www.debtreductionformula.com/blog/?p=270#comment-45892 Ryan, 1) The cross over period can't be a blanket statement, because if you have $10,000 on a 15% Credit Card gives you $1,500 in yearly interest/12 months = $125 a month in interest. So your cross over period is less than 3 months. 2) I ALWAYS get offers for a year on 0% balance transfers in the mail (and through an affiliate on my site), and trust me I DO NOT HAVE GOOD CREDIT! Ryan,

1) The cross over period can’t be a blanket statement, because if you have $10,000 on a 15% Credit Card gives you $1,500 in yearly interest/12 months = $125 a month in interest. So your cross over period is less than 3 months.

2) I ALWAYS get offers for a year on 0% balance transfers in the mail (and through an affiliate on my site), and trust me I DO NOT HAVE GOOD CREDIT!

]]> By: Becky Belnap http://www.debtreductionformula.com/blog/balance-transfer-fees/comment-page-1/#comment-45357 Becky Belnap Wed, 17 Sep 2008 05:43:38 +0000 http://www.debtreductionformula.com/blog/?p=270#comment-45357 Good job on your debt reduction. Way to go. Yes, they are as greedy as they can get away with. Good job on your debt reduction. Way to go.

Yes, they are as greedy as they can get away with.

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