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Balance Transfer Cards Explained Balance transfer cards are those which offer an incentive to people to bring their existing credit card debt to the new issuer. Credit Card issuers are in the business of lending money so they love to take on your current debt. These cards offer a low introductory rate that expires and usually goes up after the initial period. |
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A lot of the information on this site was taken from the FTC. Some of it copied directly. If you want, call them at 1-877-FTC-HELP |