How to make sure a balance-transfer card will help you pay down your debt
Anyone carrying burdensome credit-card debt knows how those zero percent (or low-rate) balance-transfer options can feel like a lifeline. And if you approach them right, they can help you hack away at your debt much faster and reduce how much you pay in interest. Yet more than 40 percent of consumers who take advantage of these deals don't get the balance paid off during the special-rate period, according to a new study from CompareCards.com. Depending on how much more than the monthly minimum you pay during that introductory time, you could end up making little headway in paying down your debt. ...