How to reduce credit card usage to ZERO fast

Go from 30% interest to 0% fast!

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Do you have maxed out credit cards crushing your credit score? Or is your overall credit card usage high and keeping your score down?
This simple process can get you back in the 700's fastAnd save you lots of money in interest
Imagine you have $20,000 in credit card debt at 27% Interest If you pay 3% of the balance or $600 each month, it will take 553 Months to pay it to ZERO and cost you $59,000 in total

Now that your score is above 640, use the Credit Karma app and get a personal loan matched to you
The Interest Rate on this first personal loan may not be much better than the rate on the credit cards
Don't worry as you will only keep this personal loan for a couple of months
Get a loan that will cover paying off all or most of your credit card balances
Make the payments to the cards with the funds from the loan
Within 1 Month your credit score will likely be in the 700-720 range

Now that your score is above 700, use the Credit Karma app again and look for a personal loan with a lower rate
The Interest Rate on this second personal loan will be much lower than the rate on the first personal loan
Make sure to look for the seconds personal loan with a different company than the first personal loan
Upon approval, use the money from the second personal loan to pay off the first personal loan
Now your second personal loan will likely be at 14%, and your payment will drop to $465 per month. This will be paid off in 60 months and the total cost will be $27,000 vs $59,000
You can even pay it down faster and pay even less interest

At this point keep checking your Credit Karma App for 0% Balance Transfer offers
You could then get a card with 0% interest for 12-24 months and use that to pay the personal loan. Now you are at ZERO Interest and can pay off your debt much much faster
Math ► Paying just the $600 minimum you had before will reduce your debt from $20k to $9k in just 18 months. If you can pay $1,100 a month you will be at ZERO balance in 18 months and NO Interest!

If you use the full card limit for the balance transfer you will end up with maxed out card penalty and a big score dropSo only use up 80% of the transfer limit
Consider getting 2 cards for a 0% transfer offer and split the loan balance between the 2 cards

Test your knowledge and you could win free rent reporting