A credit card consolidation calculator can help consolidate
credit card debt, lower your interest rate and reduce your monthly payment. When
you use a credit card consolidation calculator, you can calculate your savings
each month and your savings over the life of the loan. The benefit of an
unsecured personal loan versus a credit card is that your interest rate never
rises with a fixed rate personal loan – regardless of interest rate changes.
A credit card consolidation calculator not only helps show
you how much you can save from credit card consolidation with an unsecured
personal loan, but also can raise credit score. How does an unsecured personal
loan help to raise credit score? A credit card is a form of revolving credit,
whereas an unsecured personal loan is an installment credit, which is viewed
more favorably by credit agencies.
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