Remove Credit Card Debt Remove Creditworthiness Remove Debt Management Remove Lender
article thumbnail

8 Ways to Consolidate Credit Card Debt 

Credit Corp

Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your credit card debt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. Table of Contents: What Is Credit Card Consolidation?

article thumbnail

Determining Your Debt-to-Income Ratio

Debt Guru

Start by determining how your debt compares to your income. Use the same formula that lenders rely on when evaluating a loan application. It’s called your debt-to-income ratio, and it’s your total monthly debt payments divided by your gross monthly income. Contact our experts today to begin your journey out of debt.

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. Get Your Free Credit Report Card.