If your debt is weighing you down, it’s not too late to start thinking about how to get out from under it. As you kick off the new year, consider a path to a brighter future with the help of Golden Oak Lending. We’ll help you put a stop to that slippery slope of paying off high-interest credit cards.
One way to turn things around is to consider a debt consolidation loan. You might be thinking: how will trading one type of debt for another help me? Here’s how the strategy can work for you.
A lender such as Golden Oak issues you a loan to pay off your debts. You will have a set length of time to pay back Golden Oak in fixed monthly installments. You may be surprised to learn that it’s possible to qualify for a lower interest rate from us than you’re currently paying.
The strategy of consolidating multiple debts under one loan will relieve you of the headache of keeping track of multiple payments. Interest rates are established for the duration of the loan.
Another strategy worth considering is to use a zero percent interest credit card to pay off your debt. This would save you money in the long run, but only if you conscientiously pay off the amount before the zero percent interest option ends. That’s a specific window of time and you have to be sure you can operate within those parameters. Otherwise, we recommend the personal loan option.
Call us today to see how we can help you get a fresh start on your financial situation. Let 2017 be the year that places you on the path to becoming debt free.
Contact us today and see how our rates can save you money!