Stop Paying Your Credit Cards. This 2-Minute Move Could Be Your Way Out of Debt
What if you could just stop paying your credit card bills?
This might sound too good to be true.
No more high interest rates. No more late fees. No more anxiety. That’d be nice, right?
Well, this could become a reality, thanks to a website called AmOne.
If you owe your credit card companies $50,000 or less, AmOne can match you with a low-interest loan you can use to pay off every single one of your balances. That means no more credit card payments.
Best yet? It takes just two minutes to get started.
How to Never Make Another Credit Card Payment Again
The truth is, credit card debt is one of the most expensive kinds of debt you can have. If you have balances you can’t pay off, those cards are probably bleeding you dry with interest rates north of 20%.
That’s where taking out a low-interest loan to pay off all your balances can help.
The benefit? You’ll be left with one bill to pay each month. And because personal loans have lower interest rates (AmOne rates start at 3.99% APR), you’ll get out of debt that much faster.
AmOne won’t make you stand in line or call your bank, either. This is something you can do all online.
And if you’re worried you won’t qualify, it’s free to check online. It won’t hurt your credit score to check.
Before you know it, your credit cards could be totally paid off, and you won’t have to worry about keeping up with those high interest rates.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder. He has psychological scars from credit card debt.