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Money and business advicesMoney and business advices. Balance transfer credit card. A balance transfer credit card would prove to be a great advantage if you have several cards with outstanding balances. Balance transfer credit cards permit you to do credit card balance transfers all into one account, and pay zero interest for the introductory months. Here are some things you should know, however, before you take the leap. 1 You should end up with a smaller payment amount. 2 A balance transfer does not mean debt elimination.
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