If you popped the cork to ring in 2019 but still have some nagging debt hanging around, chances are you made a mental note of it in your New Year’s resolutions. This is the Year of the Pig on the Chinese zodiac calendar, and that stands for “luck, overall good fortune, wealth, honesty, general prosperity.” Sounds good, right?
Now is the time to make a plan to wipe out your debt before the next trip around the sun. If you are carrying balances on several credit cards, you are likely paying interest up to or even over 20%. Ouch.
Other types of debt, like medical bills, payday loans or anything else may also come with high interest and annoying collection calls.
When you try to pay down multiple bills that are charging interest, your payments can get spread too thin and you may not really be making much progress.
It’s time to consolidate and conquer.
A good resource is Fiona, a search engine for financial services, which can help match you with the right personal loan to meet your needs.
Fiona searches the top online lenders to match you with a personalized loan offer in less than 60 seconds. Its platform can help you borrow up to $100,000 (no collateral needed) with fixed rates starting at 4.99% and terms from 24 to 84 months.
Yes, the terms are 24 to 84 months, but with only one payment and a much lower interest rate, you might be able to make better payments and much faster progress towards paying that debt down.
Get free of bad debt and ready to make the Year of the Pig your best year yet. By the time the ball drops to welcome in 2020, you’ll really be bringing home the bacon.
Tyler Omoth is a senior writer at The Penny Hoarder who loves soaking up the sun and finding creative ways to help others. He likes bad puns and won’t apologize for it. He also likes bacon. Catch him on Twitter at @Tyomoth.
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