As the title suggests, my wife and I have maxed out credit cards and we’re doing the whole “snow balling method” and taking down debt, which is working just fine. My only problem is that we’re getting big interest on some of our bigger credit cards. And I wanna know if it would make more sense to consolidate the debt into one loan.
Should I just keep making like 8 or 9 payments to my credit cards and just suck it up and take the interest hits as they come
Or consolidate the debt into one loan and maybe (big maybe) get a lower interest rate?
I’ve never gotten a big loan so I’m just hesitant and would like feedback if this is a good idea or not.
Hello. I understand you, everyone is afraid to take loans. But sometimes it needs to be done. However, then there are other problems. This is the inability to repay your loan. So it was with me. But I found a way out of this problem, this is the symple lending credit score requirements. I recommend these guys to you because they are real professional and will help you to find the way out of your unpleasant situation.