2. Apply for a credit card consolidation loan Best for:Borrowers across the credit spectrum who have unsecured debt and may need a few years to pay it off. Credit card consolidation loans, also called debt cons
Credit card consolidation loans aren’t your only option. How do payments on credit card consolidation loans work? When you take out a debt consolidation loan, all of your unsecured debts are combined into one monthly payment. Rather than paying each of your creditors individually, you only pay...
However, the money will be transferred from Happy Money to your account, so the loan you get is a loan from Happy Money. Unlike other lenders, Happy Money offers loans only for credit card debt consolidation. These loans are unsecured, meaning that you don’t need to provide collateral to...
Credit cards Best for Large purchases or debt consolidation. Day-to-day expenses. Repayment Fixed payments for a set term. Revolving payments with a minimum due each month. Interest rate Fixed interest rate for the life of the loan. Variable interest rate on an...
If you're having difficulty handling minimum monthly payments for multiple credit cards, the solution may be for you toconsolidate your debt. This can be done by transferring balances to a credit card or taking out a debt consolidation loan. In addition, balance transfers can sometimes help you...
Credit card and unsecured loan debt can add up quickly for some people, and before they know it, they are struggling to keep their heads above water and their financial lives are quickly spiraling out of control. Pacific Debt offers a solution to help these consumers avoid bankruptcy or potent...
2 Generally, the minimum credit score needed for a secured card is lower than the minimum score you need to qualify for an unsecured credit card, or a credit score may not be required at all. Similarly, student cards are made with students in mind who may have little or no credit ...
A secured credit card requires collateral–a security deposit–to open an account. The security deposit reduces the risk credit card issuers take on by lending to you, so these cards may be easier to qualify for than unsecured credit cards. You can usually graduate to an unsecured card after...
How and when secure and unsecured credit cards come in useful When to use credit card debt consolidation There is a lot of negative press about credit card debt. Some are justified and some are not. As with everything else, credit card credit in itself is not a bad thing. It is ouratt...
If you are drowning in credit card debt or other debt, perhaps a debt consolidation loan is the answer. The options vary from a home equity loan or refinancing home loan to a secured or unsecured loan. Learn what questions to ask before signing.