(NewsNation) — Americans owe a record $1.14 trillion on their credit cards, and carrying debt has become more expensive, but a refinancing method known as a balance transfer could help ease the pain.

Balance transfer credit cards can help you get out of high-interest debt quickly and efficiently. There are several pitfalls to avoid that can end balance transfer periods early, costing you money and ...

Balance transfer credit cards can help save on interest if you pay off all or most of your balance before the introductory period ends. Some people run into trouble by missing payments, making only ...

While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...

Credit card balance transfers can be a smart way to reduce your credit card monthly payments or, in some cases, pay off what you owe entirely. The fee you'll pay to transfer your balance — which ...

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If you’ve racked up credit card debt that you’re not paying off every statement period, you’re not alone. American households had $1.23 trillion in outstanding credit card balances in the third ...