Jul
6
Is a Debt consolidation/personal unsecured loan a good plan?
Filed Under Debt Consolidation | 5 Comments
simonselmira asked:
We currently have three auto loans and three credit card, making six payments going out each month. The average APR on all come to 11%. Some of the autos were used so the APR was not so great and the CC are from ages ago when our FICO wasn’t that great either.
We currently have three auto loans and three credit card, making six payments going out each month. The average APR on all come to 11%. Some of the autos were used so the APR was not so great and the CC are from ages ago when our FICO wasn’t that great either.
Our FICO is in the high 700’s so getting approved for a HELOC or an unsecured personal loan wasn’t a problem.