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.
3. Open a balance-transfer credit card to get out of credit card debt. Balance-transfer credit cards offer a 0% introductory APR during the promo period, which generally lasts from 12 to 21 months. The longer the promo period the better your credit must be to get approved for the credit card. People with fair credit with a FICO score in the mid-600's and higher can typically qualify for a balance-transfer credit card and using them can be a powerful strategy to get out of debt. For example, a $5,000 balance paid in full over 18 months will cost you $703 in interest charges at an 18% APR.