Established Contributor
Posts: 597
Registered: ‎07-17-2012
Consolidation Loan For Credit Card Balances?

My cards got a little bit of use for Christmas so they will take a part of the year to pay off. What do you guys think about a loan to consolidate them and have a (much) lower interest rate.  Plus, paying off that loan can only help improve the credit score.


And before anyone says it, I know... you don't want to do that then run up the balances again! :smileyhappy: 

EX - 680 (Credit Sesame 03/02/14) TU - 665 (Walmart 04/05/14 ) EQ - 691 (FICO -04/05/14)