@slweal87 wrote:
I don't know why everyone is being so mean. There is not reason to pay interest in order to "motivate" yourself to pay the debt. Just stop using plastic al together but still make the transfer and then work on it! Pay it each month until it's gone before the time runs out.
I don't think anyone was being mean. The moral of the story is, debt needs to be paid. The sooner it occurs, the better for everyone involved. It saves you interest or BT fees, and gets the lender their money back. We all have a legal obligation to repay our debts, nothing mean about that. Now, if the OP really can't afford to pay the debt today, transferring seems to make some sense, but will only serve to increase the cost of the debt (interest, fees). But everyone that has posted so far, with the exception of youngandcreditwrthy, advocated taking the cheapest route to debt reduction. At the end of the day, we should all encourage each other to use responsible credit habits, which includes timely repayment of obligations, and financially sound credit practices (i.e. minimal interest and fees, spending within our means, etc).
My vote is for whichever route saves the borrower money and gets the debt repaid. If the borrower cannot repay the debt and interest in a reasonable amount of time on the current card, then I say go for that BT and get rid of the debt during that BT period and DO NOT ACCUMULATE MORE DEBT!
