I want to consolidate the credit cards. Refinancing I don't
think is the way I want to go because I don't know that I want
to take our debt and pile it on top of the house when we want
to sell the house in a few years. We already have a home equity
line and there isn't enough room to use it so that isn't a option.
I was thinking of trying to get a unsecured loan. I just want
one loan, one payment, let me take it out for 5 years, pay on
the darn thing and be done with this mess. I'm scared to go this
route though because I have never had one so I don't know much
about it other then I know the interest rates are a little higher on
them. But that's ok because if you take all the interest rates on
our cards, they are most likely going to be higher then what the loan
would have so we would still save money in the long run. We are
never going to get them paid off if I leave them on the cards so
I want to do something. I'm just not sure what the right answer is and
I don't want to go do the wrong thing. Any advice to put me in the
right directions????
think is the way I want to go because I don't know that I want
to take our debt and pile it on top of the house when we want
to sell the house in a few years. We already have a home equity
line and there isn't enough room to use it so that isn't a option.
I was thinking of trying to get a unsecured loan. I just want
one loan, one payment, let me take it out for 5 years, pay on
the darn thing and be done with this mess. I'm scared to go this
route though because I have never had one so I don't know much
about it other then I know the interest rates are a little higher on
them. But that's ok because if you take all the interest rates on
our cards, they are most likely going to be higher then what the loan
would have so we would still save money in the long run. We are
never going to get them paid off if I leave them on the cards so
I want to do something. I'm just not sure what the right answer is and
I don't want to go do the wrong thing. Any advice to put me in the
right directions????