Ask the Dolans: Should I transfer my credit card debt to a 0% intro interest rate?
Filed under: Banks, Budgets, Cards, Debt, Saving, The Dolans
Ken and Daria Dolan, America's First Family of Personal Finance, answer your questions every Friday.
Ken and Daria,
I'm transferring my credit card debt to cards with a 0% introductory interest rate. There are a few fees involved, but I figure I'm saving more on the interest charges. Is this a smart idea?
Jeff
Great question, Jeff (and you might be surprised at our answer). The credit questions are really pouring in, so be sure to check back as we will be answering many more of them in coming weeks. Click on the video below for this week's answer!
Ken and Daria Dolan offer expert advice on debt management and living credit smart at Dolans.com.
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