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This article was written by Logan Abbott. Enjoy!
Many people carrying significant credit card debt promised themselves that this would be the year they paid that debt off. If you’re one of these people, you should consider moving that unwieldy credit card balance to another credit card by opening up a 0% Intro APR on balance transfers credit card.
With a 0% balance transfer credit card, you can prevent the large dollar amount currently on your balance from getting any larger, since you will not have to pay interest on that balance anymore until the intro balance transfer period is over, which is typically 12 to 18 months on a great balance transfer credit card.
How about you all? Have you ever used a 0% interest balance transfer to help pay off your debt?
What is your favorite credit card?
Share your experiences by commenting below!
***Photo courtesy of http://www.flickr.com/photos/brettlider/214337536/sizes/l/in/photostream/