If you are carrying credit card debt month after month you should know the interest rate that you are being charged on your unpaid balance.
If that rate is in the double digits, you can probably save money by transferring that balance to a lower rate card.
This strategy is almost a no-brainer, but you should be aware of the risks of doing so.
Click on the image below to access a great article that well help you answer the questions of is it right for you?
Click on the image below to reveal 5 money savings tips when you travel.
A short Pop Quiz follows below the article.
CLICK HERE TO READ THE REST OF THIS ARTICLE
This lesson is part of the PersonalFinanceLab curriculum library. Schools with a PersonalFinanceLab.com site license can get this lesson, plus our full library of 300 others, along with our budgeting game, stock game, and automatically-graded assessments for their classroom - complete with LMS integration and rostering support!Learn More