Pros and cons of consolidating credit cards

In addition, the online application asks for this information to make sure you qualify before you go through the process of inputting information.

The loan process online is neatly laid out, with a To-Do list you can download beforehand to make sure you have the information you need and easy instructions as you go along.

If you are looking for a no-frills way to consolidate and pay off your debt, this card is an excellent choice.

Apply Now The Bank Americard Credit Card is one of the best balance transfer cards.

Card Details: Editor’s take: The Amex Every Day Credit Card is an excellent choice if you are looking for a balance transfer credit card that will have staying power beyond paying off your debt.

Apply Now The interest-free introductory period on the Chase Slate card is better than most.

Citibank is known for its long intro balance transfer periods, and the Citi Simplicity Card does not disappoint.

With an 18-month, 0% intro APR offer, this card has one of the longest balance transfer periods on the market.

Unlike many other balance transfer cards that have a capped amount, you can transfer a balance of up to the credit limit you’re approved for.

It also offers the option to temporarily lock the interest rate.

Chase offers HELOCs with a good loan-to-value ratio, which you can find online.

Card Details: Apply Now The Amex Every Day Credit Card is an excellent balance transfer card.

It is one of the few cards on the market with an intro 0% APR offer on both purchases and balance transfers, as well as no balance transfer fees on transfers made within 60 days of opening the account.

Search for pros and cons of consolidating credit cards:

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Essentially, you are transferring what you owe from one credit card to another card that has a much more favorable interest rate.

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