Even those of us with great credit can sometimes get carried away and end up with too much credit card debt… debt that saps your monthly budget and can take years to pay off. But, since debt consolidation companies can sometimes cause your credit score to take a nosedive, you just keep paying those minimum payments and never seeming to make any real headway on your bills, right? Wrong. There are some really good options for people with good credit scores!
A personal loan is a great way to pay off credit card debt. With a personal loan, not only can you pay off those credit cards, but you’ll lower those budget killing monthly payments and save thousands on interest over the course of the loan.