Credit card debt has reached 1.21 trillion according to the Federal Reserve Bank of New York while Texas continues to be on of the top states with residents struggling with credit card debt. If you are an upper-middle to high-income earner carrying $50,000 to $300,000 or more in credit card debt, there are option to free up cash flow and resolve the debt faster than making minimum payments.
Debt Consolidation Loans
While interest rates are still high, a debt consolidation loan might allow you to pay off high-interest credit card debt with a lower rate. The lower rate might provide a lower monthly cost compared to combined minimum payments and provide a shorter term to pay off the debt. Qualifications will be depended on your…
