Slash Debt with Zero APR Balance Transfer Magic

Potential Pitfalls and Considerations

While zero APR balance transfers can be beneficial, they are not without risks. Failing to pay off the balance within the promotional period can result in high-interest charges, potentially negating any savings. Additionally, applying for new credit can temporarily impact your credit score due to the hard inquiry. It's essential to have a repayment plan in place and to avoid new spending on the card, which could lead to further debt accumulation.