Comments on: What is the easiest way to consolidate credit cards w/out having to file for bankruptcy? http://www.onlineloansapprovalsource.com/753/what-is-the-easiest-way-to-consolidate-credit-cards-wout-having-to-file-for-bankruptcy/ Loan Information And News Source For Any Venture Tue, 17 Aug 2010 09:42:37 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: comnavhublant http://www.onlineloansapprovalsource.com/753/what-is-the-easiest-way-to-consolidate-credit-cards-wout-having-to-file-for-bankruptcy/comment-page-1/#comment-2552 comnavhublant Wed, 02 Dec 2009 19:15:49 +0000 http://www.onlineloansapprovalsource.com/753/what-is-the-easiest-way-to-consolidate-credit-cards-wout-having-to-file-for-bankruptcy/#comment-2552 There are several options available to you in a situation like this. 1. Search the internet for credit cards with lower introductory rates for balance transfers up to the amount you need. Just make sure that you check what the interest rate will be after the promotional period. 2. If you're a homeowner and have $20k of equity you can apply for a home equity loan which has a significantly better interest rate. (This is the best option. 3. Contact your bank and apply for a line of credit to consolidate the cards into the loan. 2&3 are the best of these options as you'll get a better interest rate and you'll have a real good chance of being approved because you'll either use your house as collateral or your bank will see the opportunity to make money on a loan which helps them and at the same time will leave you feeling good about them so that way you won't want to change banks. Good luck! There are several options available to you in a situation like this.

1. Search the internet for credit cards with lower introductory rates for balance transfers up to the amount you need. Just make sure that you check what the interest rate will be after the promotional period.

2. If you’re a homeowner and have $20k of equity you can apply for a home equity loan which has a significantly better interest rate. (This is the best option.

3. Contact your bank and apply for a line of credit to consolidate the cards into the loan.

2&3 are the best of these options as you’ll get a better interest rate and you’ll have a real good chance of being approved because you’ll either use your house as collateral or your bank will see the opportunity to make money on a loan which helps them and at the same time will leave you feeling good about them so that way you won’t want to change banks.

Good luck!

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