Years ago, one of my closest friends found himself staring down about $30,000 in credit card debt. He was juggling multiple cards, paying 20%+ interest, and was extremely overwhelmed. Then he ...

Most balance transfers cost 3%-5%, so that's between $300 and $500 on a $10,000 transfer. Here's why that fee is small compared to potential interest savings.

A friend of mine almost didn't do a balance transfer because of the $300 fee. He was nervous about paying that much up front -- totally fair. But once he ran the numbers and saw he'd save over $1,400 ...