0% APR CREDIT CARDS: PROS & CONS

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0% APR Credit cards do not charge interest on your purchases -- but only for a certain amount of time.

Each 0% APR Credit Card has different terms.  Some offer 0% APR for several months -- others perhaps two years.

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One major advantage of 0% APR credit cards is that they can save interest with balance transfers.

A balance transfer allows you to move a balance from one credit card with a high interest rate to one with lower interest.

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Balance transfers can save you hundreds each month in interest, depending on your credit card debt situation.

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But ... 

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There are some downsides to consider with 0% APR Credit Cards.

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If you don't pay off your balance by the time the 0% term ends, you might end up paying more in interest. That depends on the new APR compared to your old one.

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The bottom line is, 0% APR Credit Cards can help your financial situation -- if you use them correctly.