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Benzinga
Benzinga
Business
Marc Guberti

Credit Cardholders Share Their Best Tactics For Paying Off 0% APR Credit Card Debt

Credit Card Debt Hits Record $1.21 Trillion As Americans Struggle To Keep Up

Many credit card companies offer an introductory 0% APR for the first 12 to 24 months of opening a card. This offer allows people to accumulate debt without worrying about interest, but their balances will snowball if they only make the minimum monthly payments.

Several credit card enthusiasts recently shared their best ideas for paying off 0% APR credit card debt before the deadline. The conversation started when someone posted on Reddit  about their $7,000 credit card balance that has a 0% APR until Oct. 27. 

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