Blog (Page 10)

The Pros and Cons of Balance Transfers

If you owe money on a credit card, there are a number of ways to pay off that debt. One way to pay off your credit card debt is with a balance transfer. A balance transfer is the practice of transferring debt from one card to another. There are many pros and cons to this practice. Balance Transfer Pros The first and most apparent benefit of transferring your balance from one card to another is a reduction in interest rates. Many... ❯❯❯