I have many credit cards and few of them have a hight rate, what I can do for get a solution for that? Do you know who can help me to do a consolitation, because I paid every month de minimun. Thank you, ХХХ

Answered on May 13, 2011
Updated on May 13, 2011
The content is accurate at the time of publication and is subject to change.
Amy Miller Amy Miller
Actually, it is not advised to have too many credit cards, so, consolidating your cards is a good thing to do, even though this can lower your credit score in the short run. Decide which cards you want to keep (for instance, old cards (in order not to shorten your credit history), cards with low rates and no annual fees or cards with the higher limit (mind your balance to limit ratio) and to close (for instance, not so old cards, cards with the higher rates and fees or cards with a low limit). Consider transferring your credit card balances, say, with the higher rates and fees onto a lower interest rate credit card. At our web site you can find attractive balance transfer credit cards that offer 0% introductory APR on balance transfers. These cards will help you consolidate your credit cards, get rid of your credit card debt faster and save in interest. Be careful and act reasonably when consolidating your credit cards so as not to hurt your credit badly.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

User Comments about This Question

BROWSE MORE QUESTIONS ABOUT Balance Transfer Cards:

Unfortunately, you won't be able to transfer the balance of one Wells Fargo credit card to another Wells Fargo credit card as balance transfers between two cards of one issuer are not allowed. You will need to apply for a credit card from a different issuer.
When you first face credit card issues, some phenomena can come as a bit of a shock. For example, balance transfers may seem unintelligible, but in fact they are quite easy to understand. You have a balance on card A and then you transfer it onto card B. Cards for balance transfers usually have low intro rate offers on balance transfers, so for the first time you may have even a 0% APR offer. That will allow you to pay off some or all of your balance with little interest and save quite a lot. So that is quite an option. Note that balance transfer cards with attractive low rate intro offers...
Unfortunately, you won't be able to transfer the balance of one U.S Bank credit card to another U.S Bank credit card as balance transfers between two cards of one issuer are not allowed. You will need to apply for a credit card from a different issuer.

Have A Credit Card Question? Ask Our Experts

Help us personalize your results
Your Credit History:
Do you have checking account?
How long have you had a loan or credit card?
Have you ever been declared bankrupt or defaulted on a loan?
Have you been late on any credit card or loan in the last year?
* - marked fields are required to be filled
By submitting your question, you agree to the following:*
Here at BestCreditOffers.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. We assume no liability for actions resulting from our advice and cannot guarantee the accuracy of information in all cases. Please seek appropriate professional or legal advice when needed.
ASK YOUR QUESTION
ASK YOUR QUESTION

LOOKING FOR A CARD?

There is a credit card for any credit and for any purpose. Whether you want to start building your credit from scratch or earn rewards on purchases, save on gas or travel for free, you can find a good credit card offer for that.