Credit Card Switchers Suffer Zero Tolerance ; a Tiny Mistake and 0% Balance Transfer Deal Ends Up Costing a Massive Pounds 182

Summary

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THOUSANDS of borrowers are being stripped of promotional zero per cent credit card deals because of harsh rules laid down by banks and card issuers that are buried away in the small print.

Millions of consumers every year take advantage of zero per cent balance transfer and purchase credit card deals as a way of cutting debt and getting back on the financial straight and narrow.

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Extract

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Credit Card Switchers Suffer Zero Tolerance ; a Tiny Mistake and 0% Balance Transfer Deal Ends Up Costing a Massive Pounds 182

Although steep balance transfer fees have made these offers less attractive, many card providers continue to compete in the market to pull in valuable new customers.

But the deals are fraught with pitfalls for the unwary, as Paul Williams found...

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