With so many different types of debt and many payments during the month, 你可能会感到一些经济压力. 一个让生活更轻松的方法, reduce stress, and save money is to consolidate your debt and turn your multiple monthly payments into one monthly payment while potentially saving money on interest. This post can help you find the best way to consolidate debt based on your individual needs and situation. Keep reading to learn more about three prominent debt consolidation options.

信用卡余额转账

A credit card balance transfer moves credit card debt from one or more high-interest credit cards to another low interest credit card. Often, credit card balance transfers have a promotional period with a lower interest rate on transferred balances to help you pay down your principle and pay off your debt quicker. 在Arbor，我们提供2.6个月99%年利率*，不收取转让费. 对于那些有高息信用卡债务的人, 这可以帮你省下利息费用, 同时保持相同的付款金额. 这一点很重要, this type of debt consolidation will only allow you to combine your credit card debt.

If you are interested in learning more about how much you can save by transferring your balance, 今天网赌最好最大平台的一个消费者贷款机构!

Personal Loans

There are many reasons using a personal loan to consolidate debt may be the right option for you. One of the great benefits of using a personal loan to consolidate debt is that you can use it for anything. Some of these uses could include; any costly repairs you may need to make for your home or car, 合并贷款付款, 以及高息信用卡支付. Using a personal loan to consolidate debt can help you pay off your debt faster if the interest rate of the loan is lower than the combined interest of the loans you are consolidating. In some cases, you may be able to shorten the life of your loans by choosing a shorter repayment term. 

房屋净值贷款

如果你是拥有房屋净值的房主, 你可以用房屋净值贷款来巩固你的债务. Since you use the equity in your home as collateral for this type of loan, you can typically get a lower interest rate compared to other types of debt consolidation. 类似于个人贷款, you get a lump sum when you take out the loan and use that money to consolidate your debt into one easy payment. 在Arbor Financial，我们有两个还款期限，10年和15年.

To learn more about how a Home Equity Loan can help you on your debt consolidation journey, 和我们的人谈谈 按揭贷款发起人 today.

Consolidating debt is a great way to help take some of the stress off your shoulders by lowering your interest rate and making it so you only have one payment each month. "Members who consolidate debt are excited to take this step towards becoming debt fee and reducing their monthly stress. Having one payment verse multiple is often a huge relief, as well as saving money on interest.消费者贷款副总裁克里斯·雅各布斯说.  Keep in mind consolidating your debt doesn’t address underlying financial problems like overspending. It is important to create and keep a budget that works for you in addition to consolidating your debt.

*年费率(APR). 报价截止到4/6/23. Balance Transfer promotional rate applicable for 6 monthly billing cycles. Starting on the seventh month, the promotional rate will convert to your standard rate. Not eligible for CU Rewards Points and may not be used to pay other Arbor Financial accounts. Promotion, rate, terms and conditions subject to change without notice.