Pay Off Your Credit Cards!

Drowning in credit card debt?

If you’re like the majority of Americans these days, you’re drowning in credit card debt simply because, with the current state of the economy, you don’t have the money to anything more than the minimum payment due each month, and then, as soon as you’ve paid a credit card balance down even a little, you end up having to use the credit card and you’re maxed out yet again!  It’s a truly vicious circle… and unless you do something, it’ll never change.

Relax… There is a better way to handle credit card debt!

With a personal loan, you pay off all those high interest credit cards, and you make only one payment each month for the term of your loan. Since the interest rate is usually drastically lower, you’ll pay less each month AND you’ll be able to pay the loan off sooner than you would have been able to pay off the credit cards.

Unlike debt consolidation companies, personal loans will typically improve your credit score because you’re actually paying off your credit cards, not negotiating for reduced payments, lower interest rates, and so forth.

But, what if your credit is not perfect?

Even if you’ve had a financial setback, you may still qualify for a personal loan!  If you’re serious about getting out of debt, and you meet the loan company’s criteria, then a personal loan is an option that is definitely worth seriously considering: