A balance transfer is a popular option for DIY debt relief. It involves paying off debt from other pre-existing accounts and putting it onto a credit card.A credit card balance transfer is a transaction where your new credit card issuer moves outstanding debt to a different credit card. A stepbystep guide on how to transfer credit card balances. Learn how they work, affect your credit, and if they'll actually benefit you. Yes, you can transfer a personal loan to a balance transfer card. However, some card issuers don't allow balance transfers from personal loans. Most transactions can be taken care of with a phone call to (954) 745-2400 or (800) 230-0200 (outside of Broward County). My PACE assessment on my tax bill is incorrect? Can I pay off my PACE loan early?