Can't Pay Your Credit Card? WATCH THIS! #creditcards #credithacks #balancetransfer

Summary

Jorge Contreras shares a strategy called balance transfers to overcome high-interest credit card debt. Balance transfers involve moving high-interest debt to a credit card with a 0% promotional interest rate, which can be interest-free for up to 21 months. With balance transfers, hosts only have to pay 1% of the principle to stay in good standing.