Wowser, I would hate to be you. I do not pay rates like that. Fact is, we pay 3% to transfer our debt to new cards that we keep getting offers for that have 0% finance charge for 15 Months or more. When they get close to the date, I transfer the debt at 3% to another card who’s offer is similar with 12 to 20 Months no interest. My credit rating is like 750 right now. and it has been there for years
Works as long as you can keep transferring the money. I don’t have any credit card debt. Haven’t bought anything on credit in years. If I don’t have it in the bank, I don’t spend it.