Balance Transfer Cards: The 0% APR Debt Hack Here's the math that makes most Canadians wince: a $9,400 credit card balance at 21.99% interest, paid at the minimum each month, can take well over a decade to clear — and the total interest paid can exceed the original debt. Month after month, most of your payment gets eaten by interest charges, while the balance barely moves. A … [Read more...] about Balance Transfer Cards: The 0% APR Debt Hack
balance transfer
How to Pay Off Credit Card Debt Fast: The 4-Step Kill Plan
Pull out your last credit card statement and find the little box the law requires your card issuer to print. In Canada, that box shows what happens if you only ever make the minimum payment. On a few thousand dollars of balance, it reads like a horror story: decades of payments, and thousands of dollars in interest — often more than the original debt itself. That box exists … [Read more...] about How to Pay Off Credit Card Debt Fast: The 4-Step Kill Plan