Vince Teachout wrote:
> I agree with you totally -- it's probably ineffective.  :-)
> 
> I don't know, or want to know what your financial situation is with that 
> card, but if you have any way of moving all debt off that card, you'll 
> find that they cave like a cheap deck of cards.
> 
> Even if you transfer it to another high rate card temporarily, or raid 
> your savings temporarily, it will work.   Pay it off - wait until the 
> end of the cycle, check to see how much got added on in finance charges 
> during the partial month, pay THAT amount immediately to bring it to a 
> zero balance, and wait.  You won't have to wait more then 6 weeks before 
> they come crawling back to you all friendly-like, waving low-interest 
> rate transfer plans in your face.   To quote Scott Bilkner "You have to 
> spank their little bottom lines." 
> 
> Of course, if you're lucky enough that you can just pay it off, so much 
> the better.


Yeah, I agree.  Years ago I used to do that.  Ironically, I hardly had 
any debt before the divorce started.


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