00:00Okay, I want to share a tip. If you have a lot of credit card debt and you're making the minimums or even a little bit above the minimums, but you feel like it's not going anywhere.
00:08Hi, I'm Lauren. I'm 27. I have about $16,000 worth of credit card debt and I'm on a journey to pay it all off in six months.
00:14And I've been posting a lot of videos about it. A lot of people have said balance transfers.
00:18So what is a balance transfer? A balance transfer is basically where you get a specific credit card to transfer a balance from a credit card that has a lot of interest on it.
00:27Like for instance, one of my credit cards, all of my credit cards have about 28 to 29% interest.
00:32I applied for a balance transfer card from Citibank, was approved.
00:35I basically had Citibank pay off my Discover card and they will offer me 0% interest for 21 months.
00:42So, I mean, obviously I'm planning to pay these off in about six months, but it's still saving me hundreds of dollars every single month in interest.
00:50I'm not an expert, obviously. I'm just sharing the knowledge that I've been shared and it's going to help me
00:56because it's going to save me hundreds of dollars every single month in interest and in the long run.
01:00So, if you have a lot of credit card debt, look, just Google 0% APR balance transfer cards.
01:08I got approved for two of them, moved over two balances from my cards and it's going to literally save me hundreds of dollars.
01:15Just Google it, read the reviews. Citibank is a good one. Discover has a good one.
01:19American Express has a good one, but just do your own research.
01:22Make your own decisions, but this is a really, this is a good tool.
01:25A good tool.
01:25Let's go.
01:25Also, let's go.
01:26Let's go.
01:26Let's go.
01:27What?
01:27Let's go.
01:29Let's go.
01:31Let's go.
01:31One corner.
01:33Let's go.
01:39Go on.
01:39Go on.
01:47Go.
01:52Go.
01:53Go.
