I was in the same boat and its a great way to save some money and ease off your life when u cant make the full payment. I paid off my school dues by using a balance transfer offer and they dont charge you the intererst till the promotional period expires. In my case, I was not able to pay my school dues and the school started to charge me 18% interest which I was not aware of. Once, I found that I felt like i was dumb to pay such a high interest rate but i didnt have any money. So, I used the balance offer and I wont be paying any interest till November of this year.