8. Transfer your balances
If you’re paying high interest rates, transferring your balances can be a great way to save while you pay down the debt.
But, be sure to always pay your minimum payments, and be sure you can pay off your balance before the introductory interest rate offer expires — otherwise, you could end up paying hefty interest charges and fees.
If you’re having trouble paying your balances — and even the minimum payments — call the Consumer Credit Counseling Service. They provide free credit counseling and a debt management service for a 3% to 5% monthly fee not to exceed $50 (different for all states). Go to NFCC.org to find your local CCCS office.