Paul Ritz

Rank: 2786 / 5440

2 selected videos

I owe $15,000 on credit cards with an interest rate of 15%. Should I get a debt consolidation loan?

Q. I owe $15,000 on credit cards that have an average interest rate of 15%. Should I get a debt consolidation loan?

A. This will depend on the type of loan you can get. If you are able to get a personal loan at, say, 9% it could make sense.

Let's suppose you could pay $600 a month on those credit card debts.

In this case it would take you 31 months to get rid of it and would cost you $3,097.97 in interest.

If you were able to get a debt consolidation loan for $15,000 at an APR of 8.253% for...

Are you tired of struggling with credit card debt and thinking about bankruptcy?

Have you lost all hope of ever being debt free?

It's time to stop struggling and start getting relief.

Consider all bankruptcy alternatives before you file.

National Debt Relief offers a successful alternative to Chapter 13 bankruptcy, credit counseling and debt consolidation loans.

National Debt Relief is Better Business Bureau accredited and rated the #1 debt relief company on independent consumer review...

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