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The Independent UK
The Independent UK
Business
Camilla Foster

What is the stoozing personal finance hack – and how does it work?

Lots of credit card providers lend new customers money at 0% (Alamy/PA) - (Alamy/PA)

Borrowing money and earning interest at the same time might sound like a contradiction, but that’s the idea behind a personal finance strategy known as “stoozing”.

As saving rates remain competitive and credit card providers continue to offer lengthy 0% interest deals, savvy consumers are using the technique to make their money work harder.

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