Ok, tired of those ridiculous credit cards statements? Time for you to refinance! In the event that you own a genuine home it’s likely that your bank can help you out with your bills…with rates that at a portion of what your existing credit cards rate.
If you are paying the least payment on your cards, and in most cases, on your cards, then depending on your outstanding balance, you’d be taken by it decades to repay the credit cards. Throughout that time you might have paid out in interest more than what you owe on the cards!
That’s where refinancing will come in. You can secure a member of family credit line and pay off the credit cards with your line of credit. This real way you are making one payment, of multiple obligations to different cards instead
Once perhaps you have credit line established, cut up most of your credit cards, but keep one with the lowest interest rate. You should never be with out a credit card for emergencies.
With your interest rate low, accumulate the amount monthly you were paying on your cards and slap that communicate line of credit monthly. You’ll pay down the line of credit quickly and at exactly the same time, keep yourself some extra “resources” to utilize at a low interest rate.