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Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/i-think-this-is-a-very-bad-idea-we-also-lower-19341474.aspx

Subject:  Re: Balance Transfers - A Silver Bullet? Date:  7/18/2003  2:57 PM
Author:  rah1420 Number:  165319 of 308557

I think this is a very bad idea.

We also lower our payments and gain some breathing room. Nope, we've done this calculation over and over again.

For some it's a bad idea. For us it's the optimal solution.

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