Answer:
Their will be no additional charge if the balance is transferred to credit card with lower interest charged and vice versa.
Explanation:
The debt owed will remain the same except their is only one benefit of transferring the balance which is that if the balance transferred is to a credit card which charges lower interest rate then all we have saved is that incremental interest rate difference. So this means if the transfer is made to a credit card with lower interest rate charge then their would be no additional charge the person will pay and vice versa.
