Pay down LOC or get BT at lower rate?

[Xtreme2001]

A friend of mine has student loans of 30k. She currently has her LOC through RBC and is paying a whopping 7% annually on it. When she begins to work, would it be wise to find a CC which offers a low BT rate? (I've seen 1-2% recently) and pay down her debt that way?

My concern is her credit score and if it's wise to do a BT or just keep the LOC and pay it down. The BT would save her money on interest, but I just wanted to check how it would effect her overall.

Thanks!

[rf134a]

This has been discussed before, but in summary, the BT would be better off <b>if</b> she doesn't use the CC and maintains the LOC so that anything left on the CC is transferred out before the rates skyrocket to 19.5%.

It's all in the discipline. Having a 0% BT means nothing if she puts everything she buys onto the same CC.