When we think about how much credit card debt we have, it’s easy to feel a little anxious.
A lot of us are being crushed by credit card interest rates north of 20 percent. That means if you can only make minimum payments every month, your balance is going up and up with high interest.
It’s like you can never get a break.
This Company Helps Pay off Credit Card Debt Faster
If you’re in that boat, consolidation and refinancing might be worth a look.
That’s where a company like Amone can be helpful. It can help you find personalized lending options to refinance or consolidate your debt to potentially save thousands of dollars in interest.
Amone will show you all the lenders willing to help you pay off your credit card and eliminate the headache of paying bills by allowing you to make one payment each month.
You can borrow up to $50,000 (no collateral needed) and interest rates start at 3.99 percent. The idea is to secure a loan at a lower interest rate, potentially helping you save thousands. Repayment plans range from 24 to 84 months.
Take, for example, Katherine, who faced $12,000 in credit-card debt. Holding her back? The 15.24 percent interest rate. By refinancing with a 5 percent-interest, seven-year personal loan, she saved $12,000 in interest.
If she’d kept on the same road, she would have paid something like $14,000 in interest alone over 25 years. Yikes.
So even if you’re simply curious about what’s out there, know that checking rates on Amone won’t hurt your credit score — and can probably save you in interest.