Hi guys,
Little bit of background...I’m a stay at home mom and my husband brings in a steady but tight income. We have 3 credit cards with about $3500 debt total. Because of our current financial situation, we are only making the minimum payments. Because the interest rates are so high, we are basically paying just the interest every month and the over all amount stays stagnant. I was looking into getting a personal loan to pay off the debt and just have the loan to pay back. If I do this to pay off the credit cards, we would not use them anymore and just keep the lines open to continue to build credit. I would like to ask around before actually doing so since I don’t have experience in this area. Also, if anyone has used a personal loan, who do (or don’t) you recommend?
Submitted October 28, 2018 at 09:57AM by Seacowwhisperer https://ift.tt/2qg00Qc
