I have 4 credit cards equaling $15000 and my credit isn’t the best. What is the best way to consildate?
I have tried to go with other credit cards with 0% APR or lower interest rates on balance transfers, but with my credit rating, I cant get accepted with a high enough balance. I make decent enough money to keep paying these, but Im getting married in a month and I need to start lowering my bills. I just want all of these on one bill or one card with lower interest. Where do I go to get this worked out? Thank you for the help!
You need to accumulate less debt.
try this:
Pay only the minimum on 3 of your cards, except your highest interest card. Then pay as much as you can afford each month on the highest rate card, once you pay off this card, do the same to the remaining cards. You will be out of debt sooner, and mathematically it is the most money saving way to pay off multiple cards. The more you pay each month of the highest rate card, the faster this will happen.
good luck