Hi, I'm not the best at all this stuff so i just have one question. I have a loan with a balance of $21000.... which has an interest rate of 15% or thereabouts. Could I get a credit card, draw down the $21000 at the higher 20% interest rate, pay off my loan.... then do a balance transfer to another credit card offering 3% transfers for life? This makes to much sense. So im assuming i have missed a glaringly obvious reason why this doesn't happen more often. Would really appreciate any advice. cheers.