Credit card consolidating

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One benefit is that this loan won’t show up on your credit report.But the drawbacks are significant: If you can’t repay, you’ll owe a hefty penalty plus taxes on the unpaid balance, and you may be left struggling with more debt.They're good to get if you're usually rejected for credit, or to give to your teens to help teach them how to spend responsibly.Slash the cost of flights worldwide for you and your partner, just for spending on a piece of plastic.

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For online lenders, the lowest rates go to those with the best credit; rates top out at 36%.

You’ll need a good to excellent credit score — above 690 — to qualify for most cards.

Make a budget to pay off your debt by the end of the introductory period, because any remaining balance after that time will be subject to a regular credit card interest rate.

Nerd Wallet recommends visiting your local credit union first.

Most credit unions offer their members flexible loan terms and lower interest rates than online lenders, especially if you have a low credit score.

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