How does Stoozing work ?
In simple terms, Stoozing is borrowing money from credit cards that offer a 0% introductory period and saving that money in a savings account for the duration of the offer. At the end of the introductory period the credit card bill is paid off in full and any interest earned in the savings account is kept by the Stoozer. Rather than pay off the credit card directly from the savings account, the Stoozer would normally have another 0% credit card lined up to pay off the first one. Thus, the borrowed money could stay in the savings account for a considerable amount of time.
