Options to consolidate credit card debt may be disappearing

Sunday, June 14, 2020
CHICAGO (WLS) -- Have you considered a balance transfer credit to consolidate debt during the COVID-19 pandemic? You may have noticed there are fewer options to get those cards.

Finder.com reported that 10 banks have either removed, or changed language, around "balance transfer offers."
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But if they are available, it might be worth it so you can save on interest rates.

Some balance transfers can offer as low as 0% interest rate.
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Make sure to read the fine print. Lower interest rates from a balance transfer only last so long before a higher rate kicks in.

For more information, visit Finder.com's report.
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