Credit Cards That Can Help You Get Out Of Debt.
I know it sounds counter-intuitive, but if you are carrying debt around that you are paying interest on, you can, with some discipline, get out of debt faster by transferring any and all balances to a 0% interest card. This is partially how we got out of debt, by transferring money around to 0% interest cards. That way, your payments are all going right towards the principal, so the debt pile goes down that much quicker over time. If you can score a 6, 12 or 15 month 0% interest balance transfer offer, that can go a long way to helping you get out of debt! So in order to maybe help you out, I have assembled some 0% interest balance transfer offers here…but a word to the wise: if you go this route, transfer the balances and then lock up your credit cards. The worst thing you could do is transfer all your stuff over and then rack up more debt! The first card on the list has the longest 0% interest time – 15 months.
Use your credit wisely and it will pay you back handsomely!
Thanks for sharing these cards! We sometimes forget that when used correctly, credit cards are actually great financial tools.
Personal Finance Buzz…
Your story was featured in Personal Finance Buzz! Please visit and promote your article….
Credit cards used wisely frees up money. Way back when I got my first card, money was tight but having a credit card allowed me to borrow money free for thirty days. I love the concept of getting something free and I always pay my balance owing off by the due date.
Good advice, and it was kind of you to do the research on those cards. People need to remember, however, that if they are late on a payment, the 0% interest rate goes away and is replaced by the standard rate for that card.
[…] Two Dollars has a list of credit cards that will help you get out of debt! This is a better deal than ocean front property in Arizona, I’ll […]