...but only if you use it right ͏͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏      ͏     
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How a Balance Transfer Works: The Ultimate Guide
If you have any kind of debt on which you are paying interest, it's always a good idea to investigate options that may help you pay less overall or pay off your debt sooner. Balance transfer credit cards can be a good tool for accomplishing both.

Just about any credit card that offers a 0% intro APR or low APR can be worth investigating for the purposes of paying off existing balances you have with other lenders. By having a time period where you're paying little-to-no credit card interest, you're able to chip away at your balances much faster, as more of your monthly payment will go toward reducing your debt instead of paying interest.

This guide will introduce you to how balance transfers work, how you can use them to lower your existing debt, and what to look for when you're researching options for balance transfer credit cards.
 
 

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