Debt Guru

OCTOBER 22, 2021

If you only pay the minimum amount, you’ll accrue interest, your balance will increase each month and you will find it difficult to ever pay off the balance. To avoid racking up interest, always pay your statement balance. And using your card because you don’t have the funds in your bank account is a path to financial ruin.

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Credit Corp

JANUARY 8, 2025

Your credit score is an indicator of your creditworthiness and financial health. To get a debt consolidation loan, you’ll need to go to a bank and get a loan for the amount you owe on all of your credit cards. You can then make one monthly payment to the bank to pay off your loan rather than paying off multiple credit cards.

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Credit Corp

OCTOBER 25, 2023

Since payment history is the most important factor that influences your creditworthiness, not making payments on time can damage your credit score. To get a credit card consolidation loan, take the following steps: Step 1: Research lenders, such as credit unions, banks, or online lenders. Cons It requires good credit for eligibility.

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