100 russian women dating - Consolidating unsecured credit line debt
You can transfer the balances of the high interest accounts to the no interest card.
This will help you pay off the debts much faster and save a lot of money in interest.
While a debt consolidation company is a great option to consolidate debt with bad credit. You will just have to call each creditor to close your account, explain your financial situation and negotiate the rate down and set up a monthly repayment plan.
If you own your own home and have built up equity you can use that equity as collateral for a loan.
Many people choose to consolidate debt because of the high interest rates making it hard to pay down the principal balance.