You apply for a personal loan or a balance transfer credit card with a lower interest rate than what you’re currently paying.
If you clear your credit cards but don't stop spending, you could end up with a loan and new credit card balances. Your Ultimate Guide to Debt Consolidation
Many cards offer a 0% introductory APR for 12–21 months. This is great if you can pay off the full balance before the promo period ends. You apply for a personal loan or a
Unlike a credit card, you must pay the set amount every month until the loan is done. Is it right for you? Your Ultimate Guide to Debt Consolidation
Once approved, you use the funds to pay your existing creditors in full.