I have a mate with some $20,000 worth of debt in personal loan and credit cards.
He earns some $100,000 p.a.
I am suggesting to him that he takes advantage of a credit card with low or interest free for some period of time.
anyone know of any credit card companys with any deals on at the moment for zero or low interest for balanace transfers for x period of time?
He will not be making any new purchases on this credit card, he will simply be using it as a tool to knock over his debt.