Discover this modality and see how it can help you with your debts.
Stealth Capitalist.
Paying off credit card debt is not easy, so balance transfer cards come with a solution to this problem.
With a balance transfer credit card, you can transfer your credit card debt to another product, and pay it off at lower interest rates.
In that sense, your debt will decrease, as balance transfer cards typically offer a promotional and lower interest rate.
But you need to do some research to get the upper hand because some balance transfer cards require hefty fees.
If you make frequent monthly payments without accruing more expenses, your credit usage will likely decrease, which will increase your credit score.
Balance transfers won't hurt your credit score, but be careful as they leave an impression on your record where companies can see when you order a new product.