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For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
By paying off the balance within the intro period, you can save money on your debt. Just keep in mind that after the intro period ends, a higher APR will kick in.
Here are several techniques for paying off credit card debt the smart way. ... Bankrate’s debt-management tools and resources can guide you through the process of paying off credit card debt so ...
Debt Snowball Method. This method of paying off debt involves paying the minimum on all debts except the one with the smallest balance. The goal is to use any extra funds to pay off the smallest ...
When you're in deep with credit card debt, it's hard to get out. Learn about the steps you can take if you have $10,000 in credit card debt to pay off.
While credit card interest rates have fallen recently, rates are still relatively high, with the average rate at 20.13 percent as of February 2025. This level of interest means that not paying ...
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