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A balance transfer credit card offers a way to pay down high-interest debt within a 0 percent introductory period, helping you to consolidate and pay off what you owe faster.
A balance transfer is when you move credit card debt from a card with a high interest rate to one with a lower interest rate—or even a card that offers a 0% APR for an introductory period of time.
A balance transfer credit card can help you pay off your debt faster and save money on interest, but it may not be the right move for everyone. ... high interest because credit card charges are ...
This won't take your credit card interest to zero, but getting a lower APR can help you save money on interest -- and pay off credit card debt faster. 3. Pay off higher-interest cards first
The best debt consolidation loans tend to carry lower interest rates than credit cards, so if you meet the qualifications, you may be able to save money on your credit card debt. The bottom line
36 percent of U.S. adults have more credit card debt than emergency savings. 38 percent of U.S. adults are willing to go into debt for discretionary purchases in 2024.
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