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Credit Card Debt Consolidation

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Anonymous
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Credit Card Debt Consolidation

Hi, I have to credit cards with balances of $6,200 (24.99% APR) and $2,300 (17.80% APR) and since the APRs are high I was wondering if its a good idea to get a personal loan (hopefully at a lower APR) to pay them off. Any help?
Message 1 of 3
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Anonymous
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Re: Credit Card Debt Consolidation

What are your credit scores and credit limits on the cards like? If you have good credit reports, you could do a balance transfer at a low promo apr

(provided you think you'd have the ability to pay them off in a year)
Message 2 of 3
Anonymous
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Re: Credit Card Debt Consolidation

Good info here


Edited for link

Message Edited by contractor on 04-20-2008 10:07 PM
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