Quote:
Originally Posted by link
> Monthly minimum payment will NOT pay down the balance within the time limit of the 0% offer.
Agreed.
> The card's minimum billed monthly payment on the other hand would likely be only 30 or 40 dollars. This is exactly where people get trapped on these deals.
I think you might have intended to write …”where they may get trapped”…
If someone is paying attention they can do another balance transfer near the end of the promotional term.
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Correct. But you know as well as I do that the bastards wouldn't make these offers at all if they didn't KNOW that a large percentage of suckers will fail to read the fine print and get snookered into the top interest rate on the full balance when they fail to pay/transfer by the deadline.
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