idiots guide to stoozing

doughuelas

hi all, i am a bit slow in the finance think tank

i do not fully understand the art of 'stooziing'

can anybody suggest an idiots guide to stoozing please...for example

what is the best way to get started?

what are the advantagesfinancially?

and what pit falls should i look out for?


many thanks

ragingbass

There's http://www.moneysavingexpert.com/cards/stooze-cash-credit-cards, but if your're looking for an idiots guide then I'd maybe steer clear of stoozing all together to be honest! To stooze you do need to keep your eye on the ball because there is the risk that you could lose control of it. And with the base rate dropping again yesterday the profits to be made from it are less and less. Currently, I'm more of a fan of slow stoozing, given the low interest rates and balance transfer fees charged

nzseries1

There's also this excellent guide: http://www.stoozing.com/g_stooz.htm
As ragingbass says, if you read the guide and don't understand it fully, then you should not proceed with stoozing.