However, this situation is unlikely to occur regularly, partly because the periods in which producers carry out hedging operations normally do not coincide with the periods in which consumers try to hedge. The speculator provides the link between these two different periods and interests.
A: The length of time for a balance transfer from one credit card to another credit may vary depending on specific circumstances. The amount of time can be as little as three to five business days or as much as two weeks. Many factors can influence the length of time that it will take for a balance transfer to go through.
Let's use the above example, but with a 4% balance transfer fee. In this case, you will repay a total of $2,600 (the $2,500 + $100 balance transfer fee). After six months of paying $250, your balance is down to $1,000. Now your interest rate rises, and it will take you another five months to pay off your credit card.any credit cards will allow you to transfer a balance and then charge you no interest on the balance for set period of time, usually between six months and 18 months. A balance transfer can save you money because you aren't paying regular interest charges.