This Website Can Help You Pay off Your Debt Faster and Save Money
When you think about how much debt you have, you might feel a little anxious.
A lot of us are being crushed by interest rates north of 20%. That means if you can only make minimum payments every month, your balance is basically stuck in place, thanks to that high interest.
It’s like you can never get a break.
Let This Company Help You Pay off Debt Faster
Whatever type of debt you have, if you’re in that boat, consolidation might be worth a look.
That’s where a company like Fiona can be helpful. It can help you find personalized loan options to consolidate your debt — and potentially save thousands of dollars in interest.
Fiona will show you the lenders willing to help you pay off your debt. You can borrow up to $250,000 (no collateral needed) and compare interest rates, which start at 2.49%. Repayment plans range from 6 to 144 months.
The idea is to secure a loan with a lower interest rate than you’re paying on your debt right now. This could potentially save you thousands of dollars.
Take, for example, Katherine, who faced $12,000 in credit card debt. Holding her back? The 15.24% interest rate. By getting a 5%-interest, seven-year personal loan, she saved $12,000 in interest.
If she’d kept on the same road, she would have paid something like $14,000 in interest alone over 25 years. Yikes.
So even if you’re simply curious about what’s out there, checking rates on Fiona won’t hurt your credit score — and can probably save you money.