Following on my previous post. As we all now know, the current economic crisis is a crisis of confidence. Banks and markets simply don’t have confidence enough to lend each other money. The result is that regular folks like you and I find our options tightened.

In pursuing my muse, I have become somewhat dependent on credit card debt. I think even Tim mentions aggressive use of credit cards to finance his muse business. The current economic climate is making it harder for folks like us. More importantly, one of Tim’s techniques is to transfer balances from one credit card to another, using the 0% APR balance transfer techniques. Well, thanks to new credit card regulations and credit legislation issued by the Federal Reserve, it may be harder to get a 0% APR balance transfer.

One of the tools I have been recently using is SmartBalanceTransfers.com, which allows you to compare a wide selection of 0 balance transfer and no fee balance transfer credit card offers from leading banks and use our balance transfer calculator and articles to help you save the most money possible when you transfer a balance online.

The site is prouced by a company called Credit Card Depot Inc, which claims to have helped tens of thousands of consumers find new credit cards online. The SmartBalanceTransfers.com site is designed to provide folks like us targeted information necessary to maximize the savings that can be reaped with a balance transfer credit card.

If you’re using a credit card to fund a muse, like I am, I think this will be worth a visit.