By: Vanessa Santilli | CreditCards.ca | January 2, 2014
Read More, and see what Scott Plaskett says about balance transfers.
With the start of a new year, many people are looking for a fresh financial beginning. One option can be a balance transfer, if you plan accordingly.
A balance transfer allows you to open a new, lower interest credit card and use it to pay the balance on your higher interest account. It could allow you to pay off your year-end spending without heavy interest. But it could also be a gateway to more debt, if you aren’t careful….
