Consolidating credit cards in north carolina
Tally’s line of credit could be a useful tool if you want to save interest on your credit cards or need help managing your payments.
Through the app, it handles your repayments for you and may be able to offer more competitive rates than you’re currently paying on your cards.
But it won’t be much help if you’re really struggling with credit card debt, and you need strong credit to qualify.
Anna Serio is a staff writer untangling everything you need to know about personal loans, including student, car and business loans.
Those who are might want to instead consider a personal loan for debt consolidation.
Read our guide to learn more about how personal lines of credit work and compare your options.
The whole process can take as little as 10 minutes.
In return, Tally charges one minimum monthly repayment on its line of credit.
Since many credit cards come with APRs higher than a Tally line of credit, this can help you save on interest.
A Tally line of credit works by fully paying down your credit card balances with a Tally Line of Credit with variable APRs that between .
If your credit limit is too low to cover all of your high-interest balances, its algorithm prioritizes which balances to pay down first.