cancel
Showing results for 
Search instead for 
Did you mean: 

A Good Article on managing Your Credit Card Debt

Highlighted
Community Leader
Super Contributor

A Good Article on managing Your Credit Card Debt

I thought this a great article to share on ways to manage and/or consolidate CC debt if/when one gets in over her/his head. 

 

https://www.google.com/amp/s/www.benzinga.com/money/best-way-to-consolidate-credit-card-debt/%3famp



DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| NFCU CashRewards $30K || AmX Cash Magnet $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || NFCU Platinum $12.5K || AmX ED $11.5K || CitiCostco $7K || CitiDC $6.3K ||
Message 1 of 2
1 REPLY 1
Highlighted
Established Contributor

Re: A Good Article on managing Your Credit Card Debt

It's a good "next-step" article if someone has understood and conquered why & what has gotten them into debt.

 

But if they haven't, than all of the article's suggestions are just suggestions at simply shuffling debt around and possibly leading them for exposure to more debt. For example, taking a loan/equity from your house, using it to pay off your credit cards, and than just running up your credit cards again.

    EQ=841        TU=834         EX=834      INQ=0/0/0     UTIL=1%        AZEO


Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.