3 Times a Balance Transfer Credit Card Makes Sense
NEW YORK (TheStreet) -- Economic conditions are ideal for a balance transfer credit card.
Higher credit card debt, a slow economy and easy access to a 0% interest credit car make transfer balance cards a good bet these days.
That is, if you know how to get one.
Transfer balance cards let consumers move debt onto a new card, primarily to earn a lower interest rate, and pay down card debt at a quicker pace. According to Cardhub.com, the average U.S. household with $6,700 in credit card debt can save $1,000 by switching to the right transfer balance card.Also see: Debt Settlement Deals Come With Big Risks advice offered by Creditnet.com: Also see: Why Consumers Are Spending Less
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