Credit-Card Issuers Get Stingy

For consumers drowning in high-rate credit-card debt, balance transfers -- those "0% for 12 months!" offers -- are often important, if temporary, lifelines. For anyone else with credit-card debt, they're a useful way to keep interest-rate payments low.

But as credit-card issuers themselves flail in stormier economic seas, some are making such offers more restrictive and expensive. That means consumers must make sure that transferring their debt makes prudent financial sense............

Wall Street Journal