Kevin Correia

In 2008 I began to receive low interest balance transfer cheques from my credit card companies. At the time I had student debt at a high interest rate, so using them was a no-brainer. The offer was simple too: I would transfer a balance onto my credit card, and for 6 months I would have a low interest loan. No balance transfer fees, no limits, no gimmicks. In hindsight, the timing of these balance transfers were strategic. From 2007-2008 capital markets were experiencing the credit crunch, and …