The TLDR on Balance Transfers | Episode 23

If you’re trying to dig out of high-rate credit card debt, you might be considering a balance transfer. Because, let’s face it, why would you continue paying high interest when you can take advantage of that 0% introductory rate credit card promotion you heard about on the radio?   But before you go and do something crazy, like open another credit card, let’s get clear on a few implications that come along with transferring your debt from one account to another.     Today we are giving you the TLDR on balance transfers: what they are, why you might consider one, and whether it’s the right move for you.