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Options for handling the remaining balance include making a lump sum payment, revamping the payment plan, taking out a debt consolidation loan or transferring the balance to another 0 percent APR ...
You can consolidate debt payments. Depending on the credit limit you’re granted, your new credit card may allow you to transfer multiple credit card debt balances onto one card.
Key takeaways. Transferring your credit card balance to a new card that offers a 0% introductory APR can help you to pay off your debt while reducing the interest you accrue.
Debt consolidation. ... A balance transfer lets you pay off debt without worrying about double-digit interest rates — as long as you can prioritize paying off amounts you transfer within the ...
If you have a fairly manageable amount of debt that you can comfortably pay off within 12 to 21 months, you may want to consider signing up for a balance-transfer credit card instead of a personal ...
The idea here is to pay a lower interest rate on a consolidation loan or balance transfer credit card than you currently have. This is doable with a “good” credit score, which is at least 670 ...