Consolidation | Imamother

amother

Mon, May 13 2019, 11:38 am

I am looking for a way to consolidate all my credit card debt without refinancing. TIA

amother

Saddlebrown

Mon, May 13 2019, 11:42 am

Can you find a card that offers 0% APR for 12-18 months and no fee to roll over existing balances, then work on paying off that card?

amother

Mon, May 13 2019, 12:03 pm

thank you so much for responding, I already used up those cards, unfortunately we have a lot of debt...

amother

Mon, May 13 2019, 12:44 pm

OP here, is there anyway to consolidate my credit cards without reducing them and further ruining my credit? I just don't want to pay such a high interest rate like I am now. My mortgage rate is also low so I don't want to refinance..

amother

Forestgreen

Mon, May 13 2019, 12:49 pm

You don’t need to consolidate your mortgage when you do your credit cards. You can even choose which credit cards to settle, leaving one with a low apr running. There are lawyers who specialize in this, I would talk to them.

amother

Jade

Mon, May 13 2019, 12:51 pm

Call your credit cards and see if you can negotiate the rate. Or borrow more against your home.

amother

Amber

Mon, May 13 2019, 1:02 pm

Op, if you are hopelessly in credit card debt you might want to consider a deliberate default and settle with them. It will certainly ruin you credit for around 3 years, but if you already own a home, it's might be something to consider.

baby12x

Mon, May 13 2019, 1:07 pm

amother [ Jade ] wrote:

Call your credit cards and see if you can negotiate the rate. Or borrow more against your home.

Dont borrow against your house. Please!!

amother

Mon, May 13 2019, 1:15 pm

amother [ Amber ] wrote:

OP here, I can't settle, I don't have extra money...refinancing is not an option, I would love to and have 1 lower monthly payment...

Wife1

Mon, May 13 2019, 1:21 pm

You can take out home equity loan which you don't need to refinance low interest that's the best bet for big cc debt