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Credit cards balance transfer deals launched to coincide with the New Year have encouraged more completion in the market.

That's according to new research which says the number of offers for people looking to take advantage of o per cent interest on their outstanding balances has edged up to 143, following a record low back in November of just 140.

And more significantly there are now 72 credit card providers offering o per cent interest for 12 months or longer, up from a low of 64 at the end of 2009.

It's thought the improvements have been driven by the launch of a number of new balance transfer deals.

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