Credit Card Consolidation Loan

READER QUESTION

Do you know where I can look for a loan with longer terms to consolidate credit cards?

Read full question
Bills.com Resident Expert
Dec 12, 2011
BILL'S ANSWER

Thank you for visiting Bills.com. Here is an answer to your loan question - which is a very good questions!

There are several options that you can consider, including seeking a loan or in finding debt relief. If you were a home-owner, you could have also consider a second loan or a home equity line of credit (aka HELOC) - but given your situation, a personal loan may be difficult to find that extends that long.

Instead, you could consider one of two loan avenues: i) borrowing against your 401k, or ii) finding a revolving line (like a credit card) with no interest and no payments for a period of time.

The most important thing will be for you to pay off these debts as quickly as possible, and a debt counselor may be able to give you a free consultation on debt help options without incurring additional debt or loans.

Bills.com makes it easy for you to apply, by following this link: Debt Relief Savings Quote

I hope that his helps you make the right decision for your particular situation, but be sure to shop around and find a loan that meets your needs.

If you would like more information, please visit our mortgage resource page at: http://www.bills.com/loans/

We hope that this helped you to Find, Learn, and Save!

www.bills.com

No Comments


Thanks for your feedback!

Get a Loan Quote Now!

 
Thank you for subscribing!