Looking to erase debt fast? Here's when to use a balance transfer or a personal loan to save the most money possible.

I opened a Citi® Diamond Preferred® Card because it offered a 0% intro APR for 21 months on Balance Transfers (then a 17.24% to 27.99% (variable) APR) and had no annual fee. I paid a 5% balance ...

A balance transfer is a way to pay off debt on one account and move it to another—generally to a credit card offering a 0% introductory APR period. Consumers often use balance transfers to get a ...