Credit card interest rates are the highest we’ve seen in years, with a national average APR of about 24% as of Sept. 2023. This has made the cost of credit card debt even more expensive, and with the average credit card debt among cardholders with unpaid balances sitting at $7,279, it has caused a financial burden for many American households.
Although rates have risen sharply, it might come as a surprise that 0% intro APR offers on balance transfers are still as abundant as ever. There are some excellent credit cards on the market with 0% intro APR offers for as long as 21 months. And in many situations, they can be an excellent financial tool to help you get out of credit card debt once and for all.
Why a balance transfer could he…
Read the full article at: https://www.fool.com/the-ascent/credit-cards/articles/these-credit-cards-can-actually-help-you-get-out-of-debt-faster/