A balance transfer is when you move all or part of your debts from one lender to another. Usually this is done to avoid high interest rates on another card so you can pay off faster. These are called balance transfer credit cards. These kinds of credit cards are designed to help you get a handle on debt. If you use this option, choose a card with a 0% APR.
When To Use A Balance Transfer
Published On - March 11, 2019
