Monday, June 22, 2009

Compare your credit card

If you are one of the people who are dealing with this unfortunate problem, then you might want to consider turning your credit card to the alternative of debt consolidation. For this, you can enlist the services of debt consolidation agencies so that they can prepare a debt reduction plan for you. If you do not want to part with your money since there is not much to begin with low interest credit, then you can create your own plan.

After you gather all the needed information, you can compare credit cards and proceed to sorting your list. Your high-rate cards should be on top while the low-rate ones should be at the bottom. This is helpful because you would then be able to see just what cards would cost more. Come up with a list of all your financial obligations and make sure to list them according to priority as well. Make sure to list all of your credit cards, their corresponding interest rates, fees, and their required minimum payments.

sunshine smile