Wednesday, September 26, 2007

Paying The Price Of Credit Card Jumping

Having a debt and paying no interest on it seems almost too good to be true. But many consumers use their credit cards to do just that. The process is known as rate surfing or credit card jumping. How Do I Start With Credit Card Jumping? Many credit card companies offer preferential rates to new customers. These can take a variety of forms. Some credit cards offer long term low interest rates. Others offer a 0% rate on purchases for a fixed period, usually six months. Still others offer a 0% interest rate on balances transferred to the credit card. This last type of offer is the one that is of most interest to credit card jumpers. All people need to do is apply for the credit card as usual. Most credit card forms, whether online or in print, have a section where appl View the rest of this article


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