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End of Balance transfers Rides?

I don't think balance transfers will ever end, its a great money maker as most people don't know how to use them correctly (i.e. make purchases too). However I think with this banks made be able to detect with a higher degree of accuracy those customers that are unlikely to make them any profit tarts/stoogers etc..

http://www.cio.co.uk/concern/customers/news/index.cfm?articleid=3338&pagtype=allchandate

Thoughts?

Comments

  • I suspect it could be the beginning of the end, which is a shame. I hope I'm wrong mind! But, it was good while it lasted :-)
    An uneffected guitar sounds like a little girl crying. An uneffected bass sounds like an angry Rhino!
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    OOps, I just started a separate post on this. I think it is bad news for us serial tarters. Just as well I just signed up to the 'pay off £20k by next christmas' challenge!
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