al. articles

Credit card debt is out of control, and there are statistics to back that up. Getting out of debt is a goal that is shared by many people. There are several ways to get rid of debt, one of which is debt consolidation. This can be done by going through a debt consolidation company, getting a consumer loan or transferring balances to a single card. Not all offers are created the same. So what about a no balance transfer fee credit card?

Believe it or not, quite a few credit cards will charge you to transfer balances from other cards. Even if they are offering a very attractive interest rate, they may still add on fees. For example, they could charge $50 just to make the transfer, then a certain percentage of the total (this isn't the same as the interest rate though, it just adds to your balance). Regardless of the additional fees they are charging, it still may be a better deal than what you are currently getting.