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Results from the December 2008-January 2009 compareandsave.com poll have shown that a massive 82% of the people that took part plan to move debt from their existing credit card to a new one with a balance transfer offer in the first month of the New Year.

Of the 82% of respondents, 68% said they planned to move their balance to a 0% balance transfer offer. The remaining 32% revealed they were looking to balance transfer to a long-term low-rate offer.

The remaining 18% of voters said they were going to stick with their existing card, with 10% choosing to pay minimum repayments and 8% opting to pay their debt off in one lump sum.

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12:28 pm | Categories: Credit Cards, General Info, Money
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