You'll want to make sure that you are very responsible with the credit card though, as rewards cards typically charge much high interest rates than
traditional low interest credit cards.
Not exact matches
Lower interest rates compared with some
credit cards and
traditional financial institutions.
Most secured
credit cards have higher
interest rates than their
traditional counterparts to compensate for customers having
lower credit scores.
While these
cards are considered
low -
interest, all
credit cards have high
interest when compared to
traditional loans.
However, a home equity line of
credit often comes with a much higher
credit limit than
traditional credit cards as well as a
lower interest rate over time.
Whether you go the
traditional route or online method, you are looking for a loan that has a
lower interest rate than you are currently paying on your
credit card debt.
Consumers with high -
interest debt — such as medical bills,
credit cards, or
traditional bank loans not tied to their mortgages — can save by rolling that debt into one
low - rate consolidation loan from loanDepot.
Lower interest rates compared with some
credit cards and
traditional financial institutions
This is an easy, accessible way to build good
credit to eventually qualify for
traditional credit cards at
low interest rates.
PRESS RELEASE: Most people search for
credit cards based on
traditional features, like
low 0 percent
interest rates, no annual fees or cash back rewards.
With an alternative loan from any of these companies, you can secure a fixed rate loan, often at a much
lower interest rate than your
traditional credit card would offer, and guarantee that your payment will remain the same each month.