Thanks for the warnings, but I’m fully aware that floating balances is not a solution to my debt. We’ve already had to deal with the whole spending outside the budget issue. Floating the balance is simply one of many things that we’re going to do to lower how much we’ve got going out each month to someone else instead of applying the money toward our debt.

Also, the new FICO system will lower your score for account hopping/rate surfing like this, which might lower your score and jack your rates. CC companies can do this, under the “we can change the terms for whatever reason” clause, which is worse than universal default.

So, debtshifting isn’t solving your problem. You need to sell stuff, get extra jobs, snowflake, etc., and get intense about paying it OFF!!! Don’t be planning your next ratesurf. Plan how you’re going to PAY IT OFF during the promo period!

Good luck…you can do it!

In fact, I really don’t like doing any of this at all. It does save a lot of money though, so I’m gonna do it until I get rid of all of this nasty debt!