<prompt> Human: I recently graduated college and landed a job that pays me significantly more than I was making. While in my last year at school I racked up quite a bit on a few credit cards. But now I can afford to pay them off I transferred them to a chase slate card which offers 0 apr and 0 fee for first 15 months or so. My question is how long does it take to transfer? I already received my card in the mail and when I go online I can see the transaction pending. It has already been 10 days and my next payment will be due soon for the card Im trying to move the balance from. Any past experiences?Before anyone says anything about holding balances on credit cards, I understand but personally I see debt as a way to smooth consumption. I didnt see a reason to eat ramen and pbj everyday if I was confident I would be in a better financial situation in year.  <response>: I have no idea about balance transfer times, but I just wanted to say kudos on your opinion about debt being a way to smooth consumption. Many people on this sub seem to be pretty single-minded about debt, believing just about all kinds of debt are awful and should be paid off immediately regardless of hardshipinterest rates. While I would agree that credit card debt is one of those worst debts to have, if you are reasonably confident you will have significantly high income in the future, taking on a little debt can be the optimal long term utility maximizing thing to do. 