It's that time of year again. The holidays are nearly in full gear; the preparations are underway with candles lit, lights strung, and carols sung when the financial stress begins to peek behind the corners of brown paper packages tied up with string. Everything’s shiny and cozy, yet you can’t extinguish that tiny feeling that you may go way over budget thi
The one aspect of personal finance that most Americans share in common is debt accumulation. Between mortgage costs, education expenses, auto loans, and credit card debt, being debt free is quite a financial feat for the average household. In times where the average household credit card debt exceeds $12,000, controlling debt becomes a truly subjective issue.
With credit card interest rates ranging between 11 to 22%, it’s no wonder people are looking for alternative ways to handle and pay off their credit card debt. With the convenience of having a consolidated monthly payment for all of your debt, a personal loan may offer a lower interest rate than your 'best' credit card.