5 Questions to Ask Yourself Before Initiating a 0% APR Balance Transfer
Are you feeling the burden of holiday debt after purchasing all of those gifts for family and friends? If so, you’re not alone. The average American consumer racked up more than $1,000 in debt this past holiday season! Now that the holiday shopping season is over, it is prime time to consider 0% APR balance transfer specials for those credit cards carrying high balances. Balance transfers can be a great idea to avoid paying interest for several months or not at all. However, it’s important to be mindful of how these specials work so you don’t end up digging yourself a deeper hole.