Money Saving Expert founder Martin Lewis has issued a fresh warning to people who are looking to clear any credit card debts they may have.
During this week's episode of his Money Show with ITV, the financial expert explained the term 'balance transfer' and how those who have accrued debts relating to credit cards might need to act instantly.
In essence, a balance transfer is the act of shifting a current credit card balance to a new card which holds a 0 per cent period - meaning that you stop paying interest for a set timescale.
