How to Use Balance Transfer to Pay Off Debt Step by Step
Learn how to use balance transfer to pay off debt. This method allows you to pay off credit card debt fast with low income, in other words no additional income. Balance transfer credit cards are the key and if done right can save you thousands, and tens of thousands, as well as allow you pay off the debt years faster.
In this video I walk through the steps to transfer your balance to a new credit card and pay down the debt, then additional cards if necessary until you get to $0. In this example you will see that the time to pay off the debt was cut in half and a significant amount of interest was saved. Using the calculators below you can see that over $10,000 in interest was saved, meaning you would save $10,000.
00:00 How to use Balance Transfer to Pay Off Debt
Calculators Discussed in Video:
Credit Card Debt Calbulator: www.calculator...
Payment Amortization (click Payment Schedule) to View Interest/Principal of Each Payment : pigly.com/cred...
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#creditcard #payoffdebt #howto #balancetransfer #debtfree
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