... asked: My Discovered card has offered me a personal loan to pay all of my credit card debt on one bill. They quoted me 12.9 % @ a fixed rate for a $20,000 loan. Well, my credit card rates range from 8.7 to 10.9 (variable). Discover told me that even though the rate is higher I would be able to pay off my debt faster. And any additional money paid would go straight to the principal. And my credit score may increase because I would free up my credit card debt. But I don’t know. Right now I am paying the min on my credit ...
... J asked: There are a few bills that I have which I would like to consolidate to just have one bill. One of those includes a personal loan. Are there any reputable debt consolidation companies out there that may be able to help me with this? If so, please let me ...