Carrying a balance on a credit card can be stressful when interest charges rack up month after month. Even if you’re paying more than the minimum, it’s easy to get stuck under a mountain of debt. One ...

Transferring your balance to a new card can be beneficial in terms of saving on interest payments while you work toward reducing your debt. However, it's important to consider a few key factors. First ...

Lyle Daly is a personal finance writer who specializes in credit cards, travel rewards programs, and banking. His work with Motley Fool Money and The Motley Fool has appeared in USA Today and Yahoo!

Balance transfers can help pay down credit card debt quickly if you’re taking advantage of a reduced-interest or no-interest promotional offer. But you must remember to make at least the minimum ...

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 balance ...