Hi,
I recently did a credit consolidation with a local community credit for about 4900.00$$ at a 13.5%APR rate on a unsecured non revolving loan vs the 22APR my credit cards had. My thought process is that consolidating those credit cards onto this loan would help improve my credit rating because they wouldn't be maxxed out.
Did I make the right move towards improving my credit? Could I have made a better decision when it came to consolidation? (outside of not running into health problems causing the debt)
Submitted March 24, 2017 at 09:44PM by WaldoKhan http://ift.tt/2mAXQuT
