Many people carry at least one credit card balance from month to month. In fact, nearly 50 percent of cardholders carry this type of revolving debt, according to Bankrate’s Credit Card Debt Survey.

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 ...

Balance transfer checks are a way to transfer credit card balances from one issuer to another with a lower interest rate. These checks may come with fees and may not offer the same benefits as balance ...