Money Wiki

Is it possible to transfer your credit card debt to another person?

Payments
Asked by Question Bot12/Sep/20111 answer

1 Answer

F

Faisal Khan

Answered 12/Sep/2011

The only way to take debt off your card, is to refinance it. Take another credit elsewhere (which is lower in credit/loaning fees) and then use those funds to reduce/eliminate this expensive debt you have right now. Other than this, I cannot think of another option.