Payoff Credit Card Debt Using Personal Loans To Raise Credit Rating: Recommends Converting high interest rate credit card debts using personal loans can raise credit scores and is being urged in 2014 by

HOUSTON, Jan. 22, 2014 /PRNewswire/ -- Consumer credit scores are vital indicators of creditworthiness and are directly related to the financial options an individual can take advantage of throughout their life. has issued a statement recommending consumers convert their high interest credit card debts using longer-term personal loans with lower interest rates.

The company is making the case that more advantageous lending agreements buy consumers room to eliminating the principle faster.  Additionally, using a personal loan helps reduce high debt-to-limit ratios that can also have a negative impact on one's credit rating, and consumers are being urged to apply now to view eligible offers.

"Credit cards have their purpose, but carrying high balance, high interest revolving credit lines is not a smart choice if it can be avoided.  Taking a few steps in the right direction can be all a family needs to be able to restructure their debt and begin eliminating it," stated a company spokesperson.

According to the company, applicants are most often held back from the best rate loans with the most flexible repayment terms due to credit score problems.  Small gains in boosting one's rating in the eyes of the three credit bureaus, Experian, Equifax and TransUnion, can have life-changing implications.

"The personal finances of a family can be transformed dramatically by improved credit scores," added the company rep when asked for further information.

According to the company, 2014 presents tremendous opportunities for the consumer with a lending industry increasingly offering more choices, more money and more flexibility.


Offering a quick, secure and confidential place for borrowers sick of being treated with less dignity than they deserve, is the place for people who want to know what personal loan offers are available now:  

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