Just ask Zeal, whose five credit cards were costing him a fortune in interest, and making it hard to keep his head above water.

But then he tried Credible, a free online service that shows you the best lending options to pay off your credit card debt fast – and save a ton in interest.

“I was paying about $1K a month between them,” Zeal writes in his Credible review.

He contacted some local lenders to see if he could consolidate his debt with a personal loan, but he kept coming up short.

“The offers I was getting made me grimace,” he remembers. “The interest rates looked like… credit card interest rates.”

Let Credible help you pay off your debt

Credible lets you comparison-shop for the lowest interest rates with just a few clicks of your mouse. In just two minutes you’ll see all the lenders willing to help pay off your credit cards with a single personal loan.

“[Credible] made it so quick and easy,” says Zeal. “[I] immediately found a reputable creditor… at about a third of the interest rate I was paying.”

You can borrow up to $100,000 (with no collateral) at interest rates as low as 5.95% APR, and repayment schedules ranging from 24 to 84 months.

Depending on how much interest you pay on your credit cards, a debt consolidation loan could save you thousands of dollars.

“Now I know I have a [loan] to pay for 3 years that’s less than half what I was paying before,” says Zeal. “I’m enjoying the bonus of hundreds of dollars in extra money per month!”

A simple way to break the cycle

Trying to chip away at your credit card debt little by little is a losing battle. Credible completely changed Zeal’s financial outlook, and it can do the same for you.

“I wasted 10 years spinning my wheels... [but] I’m done with that awful chapter of my life,” he says. “So happy I found Credible!”

Even if you're just curious about your options, checking rates on Credible is a smart idea. It won't hurt your credit score, it’s totally free, and it will probably save you a bundle.

About the Author

Shane Murphy

Shane Murphy


Shane is a reporter for MoneyWise. He holds a bachelor’s degree in English Language & Literature from Western University and is a graduate of the Algonquin College Scriptwriting program.