Use a Balance Transfer Credit Card to Save Money as You Pay Off Debt

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When you have high interest debt, it can slow your efforts to pay that debt down.

The higher the interest rate, the greater the percentage of your payment going toward interest — instead of reducing your principal.

When high interest debt is involved, it can take years, and hundreds of extra dollars, to pay off your debt.  Even if you are paying more than the minimum.

Instead of sticking with the same high interest loan throughout the term, consider using a balance transfer to get a temporarily lower rate.

What is a Balance Transfer?

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