To me balance transfer is like robbing paul to pay peter. it's just a way for banks to make money out of ur mountain of debts.
Balance Transfer, What is it actually???
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 Nov 17 2010, 07:00 PM
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Nov 17 2010, 10:22 PM
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QUOTE(Gen-X @ Nov 17 2010, 08:51 PM) True for most people who are in debt. They do BT then go spend more on CC and their debts keep mounting. Then again there are a few of us here who take "advantage" of the 0% BT and earn some pocket money.  QUOTE(winner @ Nov 17 2010, 09:33 PM) That's true. I just transferred a total amount of RM80,000 from my SCB JustOne Titanium and SCB World MC to DA VI last month. I am going to do another BT from OCBC Titanium to DA VI this December. I have money to settle all the outstanding balance but since DA is offering me 0% interest for 6 months without any handling or upfront fees, I can delay paying in full and my money can earn some interest in FD! QUOTE(David83 @ Nov 17 2010, 09:52 PM) BT is a good feature in CC if you know how to exert proper usage and control.   it's good if there is discipline & control  What is DA VI?  |
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