MoneyWisdom Blog

Balance Transfers 101: How to Lower Your Credit Card Debt

Posted by MoneyWisdom Newsletter on Jan 17, 2020 10:32:01 AM

Here’s what you need to know before you consolidate credit card debt.

A balance transfer is exactly what it says it is: the movement of a credit card balance over to another card. Borrowers like balance transfers because they can transfer higher interest debt to a lower interest card.

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Topics: Credit Cards, Debt

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