Remove Debt Management Remove Foreclosure Remove Lender Remove Personal loans
article thumbnail

8 Ways to Consolidate Credit Card Debt 

Credit Corp

Types of credit card consolidation include credit card consolidation loans, balance transfer credit cards, home equity loans, HELOCs, retirement loans, cash-out auto refinance, family loans, and debt management plans. You can go about consolidating credit card debt in a few different ways.

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Make sure this is mentioned upfront, as “good lenders will be direct about fees,” Toms notes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Best Debt Consolidation Loans

Better Credit Blog

Whereas rates on credit cards can be 13-25%, average rates on personal loans are 14-18%,” says Toms. Even if your debts have already lowered your credit rating, or it wasn’t that high to begin with, you still have options. Make sure this is mentioned upfront, as “good lenders will be direct about fees,” Toms notes.

article thumbnail

Debt After Death: 9 Things You Need to Know

Credit Corp

If beneficiaries can’t or won’t assume the loan, they can sell the property to settle the debt instead. If your loved one doesn’t have any beneficiaries listed on their will when they die, their mortgaged property may go into foreclosure. At that point, their bank will sell the property to recover the mortgage debt.

article thumbnail

Consolidating Your Debt? Here’s What NOT to Do

Debt Guru

It works by getting one new loan and using that to pay off multiple existing creditors. You pay off multiple types of loans and credit card balances with your new consolidation loan, and you’re left with a single monthly payment to the new lender. The post Consolidating Your Debt? Don’t overpay for convenience.