Similar Stories to How To Find The Best Balance Transfer Credit Card For You on Bing News

newsfeedback@fool.com (Matthew Frankel), The Motley Fool
Thu, 10/12/2017 - 8:07am

The average American household with credit card debt owes just over $16,000. At an average APR of about 16%, this implies that the average household with credit card debt ends up paying more than $2,500 on interest every year, or $213 monthly. Transferring that balance to the right credit card can dramatically cut, or eliminate, that expense.There are two main reasons to consider a balance transfer with your existing credit card debt -- consolidation and saving money.

Topics: american apr images balance transfer credit card debt average money household save pay cards

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BING NEWS:

3 Ways to Make Your Credit Card Debt Uncollectable
Those with credit card debt may want to consider tools like a personal loan or bankruptcy to avoid collections. Read on to learn more about your options.
11/25/2024 - 12:03 am | View Link
What to do if your balance transfer is denied
A balance transfer can be a great way to pay off credit card debt quickly and save money on interest. Generally, you will transfer your high-interest credit card debt to a card with a 0% annual ...
11/24/2024 - 11:11 am | View Link
How to manage debt with a balance transfer credit card
If you have substantial balances across multiple credit cards, here are steps you can take to manage your debt with a balance transfer credit card.
11/19/2024 - 9:00 pm | View Link
Best Balance Transfer Credit Cards of November 2024
Balance transfer credit cards offer up to 21 months intro APR & other long 0% APR periods with no annual balance transfer fees. Apply today» ...
11/5/2024 - 7:10 am | View Link
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