Carrying a credit card balance means you'll pay interest on your purchases, costing you more than what you've bought. If your balance is high relative to your credit limit, your credit score may take ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

A balance transfer lets you move all or part of a balance from one credit card to another. Balance transfers can significantly lower your interest rate – potentially to 0% annual percentage rate – and ...

What is a balance transfer credit card? What types of debt can I transfer to a balance transfer credit card? Are there any fees associated with balance transfers? How do balance transfer credit cards ...

Editorial Note: Blueprint may earn a commission from affiliate partner links featured here on our site. This commission does not influence our editors' opinions or evaluations. Please view our full ...

Your payment history is the biggest factor in determining your credit score, but along with total credit available, mix of credit types and credit history, there's another critical component of your ...

A zero balance credit card can impact your credit score, and here’s why. (iStock) Too many financial consumers don’t understand their credit scores, and that’s a scenario that can lead to negative ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

Applying for a new balance transfer credit card requires a hard credit inquiry, which may lower your credit score temporarily. Your credit score might also drop due to your new average length of ...