Have Credit Card Debt? Save money now | How to Pay Off Credit Card Debt Quicker | Personal Finance

Credit cards are notorious for charging high interest rates which are often in the 19-22% range. This is astronomical when compared to the 2.5 % - 3% consumers pay on their mortgage, 4% to 5% on HELOC or 5% to 7% on line of credits. In this video we go over how you could save big money with very little effort by getting a loan product with lower interest rate and using the money from it to pay off your credit card debt.

credit card,explained,canada,personal finance,tips,course,basics,benefits,types,beginners,financial literacy,education,finance,wealth,travel points,annual fee,rewards,perks,vacation,affinity,store,cashback,debt,bank,loan,line of credit,osap,wallet,money,retailer,low rate,percentage,free,saving,debit,credit,account,banking,investing,freedom,accounting,smart,bay street,wall street,advice,advise,management,millionaire,millennial,