Category:
Credit

Percent sign of interest rate credit card with falling gold c

When Are You Charged Interest on a Credit Card?

By Maureen Milliken | October 28, 2024

It is so easy to use credit cards that many people charge without much thought. Then, suddenly, the card is maxed out and even paying minimum monthly payments doesn’t make…

Credit card and flying coins on blue background.

What Is a Balance Transfer Fee?

By Bill Fay | September 6, 2024

Credit card debt has skyrocketed to more than $1.1 trillion. So has looking for ways to avoid paying interest on that mountain of money. For millions of Americans, the search…

Man with credit card and piggy bank symbolizing using savings to pay off credit card.

Should I Empty My Savings To Pay off My Credit Card?

By Michael Knisley | September 6, 2024

Here’s the dilemma. On one hand, you’d love to be free of the albatross of high-interest credit card debt hanging around your neck, especially when there’s money in a savings…

Young woman with a calculator and credit card for payment.

What Happens if You Don’t Pay a Balance Transfer off in Time?

By George Morris | July 29, 2024

Transferring debt to a 0% balance transfer credit card can seem like a no-brainer. All the interest you were paying temporarily disappears. There are a lot of advantages. But those…

Illustration of man and woman holding a big credit card to represent credit card interest.

How To Avoid Interest on Credit Card

By Pat McManamon | July 23, 2024

Credit cards are easy to use and fun to have – as long as bills are handled responsibly. Those who do not handle credit card debt properly face the daunting…

Closeup image of a woman holding and choosing credit card to use

Balance Transfer Offers With Bad Credit

By Sarah Brady | July 18, 2024

A balance transfer credit card can help you improve your finances, but it comes with a lot of risk. On one hand, these cards usually give you a period of…

The hand of the woman holding two credit cards.

Can You Pay off a Credit Card With Another Credit Card?

By Bents Dulcio | July 2, 2024

Most adults (82% in 2023) have at least one credit card. We use them to shop for groceries, make online purchases, and build our credit profiles. Some of us may…

happy man showing two credit card, red and blue debit card

What Happens to Your Old Credit Card After a Balance Transfer?

By Sarah Brady | June 26, 2024

Paying off your debt with a new credit card probably sounds easy. You just open up a new card, use it to pay off your other accounts and then it’s…

Two credit cards being held by people.

Are Balance Transfers a Good Idea?

By Michael Knisley | June 25, 2024

Wait, there’s a question about this? A balance transfer lowers an interest rate and speeds up the getting-out-of-debt process and we wonder if that is a good idea? Well duh!…

Credit cards balancing on a board

What Are the Benefits of a Balance Transfer?

By Maureen Milliken | May 30, 2024

It may seem counter-intuitive to open a new credit card to solve a credit card debt problem, but a balance transfer card is not just intuitive, it’s a great option…