
Here's The Smartest Way To Pay Off Credit Card Debt In 2026
Most credit card debt continues to grow because interest compounds faster than the payments catch up.
The average credit card APR is above 20%. At that rate, a $10,000 balance costs roughly $170 in interest every month. That's why you can make consistent payments and still feel like you're going nowhere.
A balance transfer card is the one move that actually changes the math.
This post originally appeared at The Motley Fool.
