“Dear Steve,
Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.
I am looking for a way to reduce my interest rates on my credit cards so that I may pay the 16000 dollar debt off in a reasonable amount of time. I want to pay it but the high interests rates are not allowing me to do so. I have a great credit score and want to keep it that way. Thanks in advance for your help.
Keith”
Dear Keith,
THe most logical way to do that would be to explore a fixed rate unsecured debt consolidation loan through LendingClub.com. It is a person-to-person lending network so the rates are usually lower than banks charge.
The loan will be reported to the credit bureaus so it will help to keep up your credit.
