<prompt> Human: I have a credit card with a pretty low balance, 450, however the interest rate is 25 and I am not in a position to pay it off at the moment.I am wondering how refinancing works, I am a recent graduate with plenty of debt and parents who have horrible credit so cant cosign anything. Is it an option to transfer the credit to another card with a lower rate, and whats the best way to find the best rate on a new card?  <response>: Just put as much money as you can afford towards the credit card. 25 APR means youre paying about 10month in interest while youre still owing 450.00. 