U.S. markets close in 4 hours 29 minutes
  • S&P 500

    4,536.78
    -13.00 (-0.29%)
     
  • Dow 30

    35,588.37
    -14.71 (-0.04%)
     
  • Nasdaq

    15,079.55
    -136.15 (-0.89%)
     
  • Russell 2000

    2,296.40
    +0.22 (+0.01%)
     
  • Crude Oil

    82.92
    +0.42 (+0.51%)
     
  • Gold

    1,802.80
    +20.90 (+1.17%)
     
  • Silver

    24.67
    +0.50 (+2.05%)
     
  • EUR/USD

    1.1641
    +0.0011 (+0.09%)
     
  • 10-Yr Bond

    1.6700
    -0.0060 (-0.36%)
     
  • GBP/USD

    1.3765
    -0.0030 (-0.22%)
     
  • USD/JPY

    113.7230
    -0.2650 (-0.23%)
     
  • BTC-USD

    60,762.43
    -1,788.42 (-2.86%)
     
  • CMC Crypto 200

    1,451.38
    -51.65 (-3.44%)
     
  • FTSE 100

    7,220.38
    +30.08 (+0.42%)
     
  • Nikkei 225

    28,804.85
    +96.27 (+0.34%)
     

4 Balance Transfer Myths You Shouldn't Believe

·3 min read

Credit card debt can be stressful and costly to pay off. If you owe money on your credit cards, you may be considering a balance transfer, where you move your balances onto a new card with a lower interest rate. A balance transfer can be a smart financial move when you're carrying credit card debt, but it's important to understand how balance transfers work.