Lower interest rate to pay off the debts
Date: Sat, 12/10/2005 - 12:53
I have some past credit card debt that needs to be paid. I would like to consider a debt consolidation plan but before that I want to know of my other options if I have any. I can easily pay the monthly payments but am shopping for some lower rate of interest. The cards are no longer in use but the accounts are still active. Please let me know if there are any other options or I will have to consider a debt consolidation plan.
Hi Tiffany Welcome to the forums. Since you do not have pr
Hi Tiffany
Welcome to the forums.
Since you do not have problems in making the monthly payments, you can use a new credit card that has a lower rate of interest than the present cards. Transfer the whole balance in it.
Or you can consider a debt consolidation plan for erasing the past debts. Choice is yours.
Regards
Roxette
