Lower credit card debt without consolidating
Getting a debt consolidation loan when you have bad credit can be tough, especially if you seek help from the wrong source.
While your bank or credit union may offer various personal loans for debt consolidation, it’s possible you won’t qualify if you have blemished credit.
Commonwealth Bank are great because they don't judge you or make it unnecessarily hard to get a loan.
I received my first personal loan from them of ,000 and I had nothing saved up myself, it was great and allowed me to do a lot.
That should be plenty of motivation to get your credit card balances paid off (or at least paid down) sooner rather than later.
The Chase Slate Visa Card is a balance transfer credit card that lets qualified borrowers transfer as much as ,000 to their card and pay no interest for 15 months.
Bankruptcy information stays on a credit report for 10 years and can make it difficult to get credit, buy a home, get life insurance, or sometimes get a job.