article thumbnail

8 Ways to Consolidate Credit Card Debt 

Credit Corp

Since payment history is the most important factor that influences your creditworthiness, not making payments on time can damage your credit score. It’s also important to consider the card’s interest rate following the introductory period in case you don’t pay your balance off within the 0% APR time frame.

article thumbnail

We’re Debt Free [And How You Can Do It]

Credit Corp

The consumer system is set up so that most purchases depend on applicant creditworthiness and a focus on being in debt responsibly. A high credit score will get you lower interest rates on major purchases, and a low credit score is a cause for worry because of higher interest rates. Pay Off Your Mortgage Early.