ADVERTISER DISCLOSURE
AcclaimVisa.com is an independent, advertising-supported web site. AcclaimVisa.com is compensated by the credit card issuers whose offers appear on our site. This compensation can impact how and where credit products appear on our site, including, for example, the order in which they may appear within product listings. AcclaimVisa.com does not offer, review or present all available credit offers.

Should I take out a loan to consolidate?

[Thursday, February 13th, 2014]

You can take a debt consolidation loan. However, be ready that you may not be given the amount you need. Try to make minimum payments every month without skipping or missing. That will allow you to improve your credit history, as all your credit activity is reported to at least one credit bureau. A better credit history means that you may qualify for a balance transfer credit card or for a higher loan.

If you are ready to pay a security deposit, you can apply for the USAA Secured Platinum MasterCard® even with bad credit. Once approved, you will be asked to put down a $250 security deposit which will be the card’s credit limit. You can pay more if you need a higher credit line. The card has low 9.9% interest rate which is one of the lowers on the market. You will be able to transfer your balance up to available credit limit. The balance transfer fee will be 3% of transferred amount but not higher than $200.

Copyright © 2006-2017
AcclaimVisa.com.
All Rights Reserved

AcclaimVisa.com is an independent, advertising-supported web site. AcclaimVisa.com is compensated by the credit card issuers whose offers appear on our site. This compensation can impact how and where credit products appear on our site, including, for example, the order in which they may appear within product listings. AcclaimVisa.com does not offer, review or present all available credit offers.

All the credit card information presented without warranty and can change. To confirm the terms and conditions click the "Apply Now!" button and review the current information on a secure credit card terms page. AcclaimVisa.com can be compensated by the credit card issuers when visitors apply for a credit card through this website.

* The acclaimvisa.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. acclaimvisa.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the acclaimvisa.com website are property of their respective owners.