Considating credit cards

That's why it makes the most sense for high-interest debt like credit cards. The downside is that unsecured loans can be harder to get, especially if you have poor credit, and your interest rate will likely be higher.Secured loans tend to have lower interest rates than credit cards, but the big risk is that you could lose your house or car if you can't make the payments. You've probably gotten one of these offers in the mail -- a credit card with a 0 percent introductory rate that lets you transfer balances from other credit cards.To learn which accounts qualify for the discount, please consult with a Wells Fargo banker or consult our FAQs.

If you're struggling with high interest rates on credit cards and loans while barely making a dent in your debt each month, it may be time to consider debt consolidation.By understanding how consolidating your debt benefits you, you’ll be in a better position to decide if it is the right option for you.Representative example of loan repayment terms: For ,000.00 borrowed over 36 months at 12.99% Annual Percentage Rate (APR), the monthly payment is 0.58.The payment reduction may come from a lower interest rate, a longer loan term, or a combination of both.By extending the loan term you may pay more in interest over the life of the loan.

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