cancel
Showing results for 
Search instead for 
Did you mean: 

Consolidation Loan

tag
roniram
Regular Contributor

Consolidation Loan

Would it be a good idea to do a consolidation loan of my credit cards? Was thinking of the fastest way to knock down my utilization, and make it easier to pay off my debt. Not too worried about the rate because I should be able to pay it off within a few months. Is this a good idea?
Venture 10K /NFCU Platinum 6.6K /Amazon 6.6K/ Walmart 3.3K /Cap 1 QS1 1.65K /Cap 1 Platinum 1.15K /Show MC 1.1 /Amex BCE 1K /Chase Freedom 1K / NFCU Cash Rewards 500/
Starting Score: 6/1/13 TU 566 EXP 632 EQ 611
Current Score: 09/13/21 TU 726 EXP 717 EQ 718
Goal Score: 740 Across the Board
Take the myFICO Fitness Challenge
Message 1 of 1
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.