I only have two credit cards ($750.00 limit on each; each just about to their limit). I try to make more than my miminum payment each time, but money’s been a little tight the past couple months. I’m thinking about Debt Consolidation but I’m not too sure if that’s the best thing, or if I should just keep making the payments on my own. Also, I was thinking of transferring one of the balances to a lower interest rate credit card. What do you think would be best (personal experience preferred)?
If you are paying extraordinarily elevated interest rates on one or more of your credit cards, you should consider consolidating all of your payments. It could provide you with a single periodical expense plan with low interest rates and a favorable pay-back period.
Hi,
I used “Credit Solution” to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.I came across this company on NBC News Special Edition.Check it out here: