Why a Balance Transfer Could Pay Off More Than Ever

Why a Balance Transfer Could Pay Off More Than Ever
·3 min read

Credit card interest rates have always been known for being very high, but there are ways to try to reduce the financing charges you get stuck paying if you carry a balance. If you are carrying a balance on your credit card, unfortunately repaying your debt has likely become more expensive. Instead, your interest costs are tied to a financial index, such as the prime rate.