This, depending on your circumstance can be one of the easiest or most difficult things to do. If you're in debt, chances are you're paying interest on that debt. By moving your debts across to a 0% debt, essentially you get to save all this money for yourself instead of paying it to the bank.
By debt, we mean stuff like credit cards, store cards - really, anything that attracts a high APR. I don't recommend at all using this type of thing to pay household bills. If this is what you're doing then you need to urgently reconsider other options. Fine for a stopgap, but you need to be earning more than what your bills are, otherwise this spells trouble in the long run.
On the downside, if you're already in financial difficultly, your credit rating may have already taken a hit and you may not be able to get the credit, or you may not qualify for the 0% deal. If you can't get this, there are few options for 0% finance - but pay off your cards with the highest interest rate first.
Difficulty: 4/10. Most of the difficultly here relies on you actually passing a credit check for the card itself.
Savings per week: Depends on your debt. A £2000 transfer may save you over £10 a week in interest.
Savings per year: £500+, depending on your level of debt and ability to get credit.
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