Dear Penny,
I am interested in paying down my credit cards and making just one payment a month. How can I get started? I do not want to do something that will affect my credit rating. I am hoping this isnt too good to be true.
Thank you!
High Hopes
![Dana Miranda is a Certified Educator in Personal Finance and contributor to The Penny Hoarder. Send your tricky money questions to AskPenny@thepennyhoarder.com.](data:image/svg+xml,%3Csvg%20xmlns="http://www.w3.org/2000/svg"%20viewBox="0%200%201000%20667"/%3E "Dana Miranda is a Certified Educator in Personal Finance and contributor to The Penny Hoarder. Send your tricky money questions to AskPenny@thepennyhoarder.com.")
Dear High Hopes,
Youre in luck what you want is not at all too good to be true.
Consolidating your credit card payments down to one per month can save you a ton of stress when youre dealing with debt accumulated across multiple credit cards. Whatever steps you can take to make debt less of a burden in yo…
Read the full article at: https://www.tampabay.com/news/business/2023/09/08/dear-penny-is-credit-card-debt-consolidation-too-good-be-true/