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balance transfer cards

personal loan or balance transfer for consolidating debt

Personal loan or balance transfer: Which is better for consolidating debt?

Personal Loan Vs. Balance Transfer

If you’re suffocating under a mountain of debt, you might be wondering if consolidating debt could help your situation. Indeed, debt consolidation can be a great way to cut your interest expenses and reduce the number of bills you’re paying. It can also help you create a roadmap to get out of debt. But is a personal loan or balance transfer credit card better for debt consolidation? …

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Benefits of balance transfer credit cards

If the balance on your credit card keeps going up, you’re not alone. Americans are charging more than ever, with the average household credit card debt just over $8,000.¹ While paying down balances can be overwhelming due to high interest rates, balance transfer credit cards can not only make the process faster, but it can save you a lot of money if done correctly. …

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