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  2. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    Credit card interest is very high at present, with rates from 18 percent to as high as 27 percent. Banks are allowed to charge high interest because credit card charges are unsecured loans.

  3. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    3. Transfer the balance to the new credit card. While each credit card issuer’s balance transfer process is slightly different, it’s usually a simple process you can likely complete in a few ...

  4. Everything you need to know about balance transfer checks - AOL

    www.aol.com/finance/everything-know-balance...

    Balance transfer checks are a way to transfer credit card balances from one issuer to another with a lower interest rate. These checks may come with fees and may not offer the same benefits as ...

  5. What is a balance transfer — and is it a good idea for debt?

    www.aol.com/finance/balance-transfer-good-idea...

    A balance transfer is a transaction that moves existing debt from one credit card to another card. If you transfer the balance from a card with a higher APR to a card with a lower rate, or even an ...

  6. Credit card balance transfer - Wikipedia

    en.wikipedia.org/wiki/Credit_card_balance_transfer

    A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

  7. Pros and Cons of Using a Balance Transfer To Pay Off Credit ...

    www.aol.com/pros-cons-using-balance-transfer...

    Bottom Line. Balance transfer credit cards can help you pay off your credit card debt faster, potentially saving you thousands of dollars in interest. If you have several high-interest credit ...

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