Before you balance transfer credit card debt:
It may not be wise to balance transfer credit card debt to another credit card.
Here are reasons why:
1) If the balance transfer is from a credit card which you had
ever made late payments on, the new card issuer may void your introductory rate because of your past credit history.
2) If you were late paying any bills (not just on credit cards),
the issuer may void the introductory rate because of your past
credit history problems.
3) If the balance transfer plus new charges exceed the card
issuer's maximum, in addition to voiding the introductory rate
there may also be penalties or fees.
If you were late paying any bills (not just on credit cards) in
the past year, it may be wiser to get help with your debt instead
of trying to shuffle it to another card.
