Is a balance transfer a good idea? It could be because it gives you time — often a year or more — to pay off the debt you transfer from another issuer’s card.

Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.

If you have a low risk tolerance, it's important to start investing as soon as possible to take advantage of long-term compound gains. Low-risk investment assets like CDs, bonds and dividend stocks ...

Mr Lewis is shedding light on the importance of balance transfers to reduce credit card debt owed to financial providers.