How a Balance Transfer Credit Card Can Help You Pay Down Debt
Consumer Reports has no financial relationship with advertisers on this site. The average interest rate consumers pay on credit card balances has hit a record high of 17.11 percent, according to the latest data from CreditCards.com. At the same time, outstanding credit card debt has also reached a record level, topping $1 trillion, Both facts suggest the same thing: That now is a good time to consider getting a balance transfer card if you're someone who carries a lot of credit card debt. And if the Fed continues to raise interest rates, as ...
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