More so, consolidation may reduce the finance fees you’re currently paying and sometimes even increase your credit rating.
This continues until all of the bills are paid in full.
After the introductory period expires, the interest rate on that account will rise to the standard rate.
If a balance remains when the standard APR applies, but the APR is still lower than what you had with the original accounts, you will continue to come out ahead.
Wouldn’t it be nice to send just one payment every month and not have to worry about a variety of due dates?
If you were to consolidate your accounts, you could.Are you ready to start an effective debt management plan for paying off credit cards?