If you’ve maxed out your credit cards and have a sky-high interest rate, this could extend how long it takes to pay off your debts – which makes it even more difficult to fix your credit score. Luckily, there’s one way that you can solve both problems with 0 stress.
With debt consolidation, you can transfer all your debts to one credit card AND get a low interest rate to make repayment as easy as possible.
These benefits are the main reasons why credit card counseling services recommend debt consolidation programs to many of their clients. Furthermore, there are plenty of balance transfer cards for you to choose from that could help you start boosting your credit FAST.
Some of the best balance transfer cards that you could use to consolidate your credit card debt if you qualify include:
- The Discover balance transfer card – 0% annual interest rate for first year
- The Capital One balance transfer card – 0% introductory interest rate
- The Citi Simplicity balance transfer card – 0% interest rate for 21 months
- The Wells Fargo 0 balance transfer credit card – 0% interest rate for 15 months