If you have $5,000 or more in debt, a personal loan could help reduce your monthly payments and save you a huge amount in interest.
Here’s How It Works:
Let’s say you have $10,000 in credit card debt. Your credit card company is probably charging you 15-20% interest on that debt. That’s crazy.
Instead of paying 20% interest, you could get a personal loan from Figure for as low as 5.75% and then use that money to pay off your credit card.
You’ll then pay back the Figure loan via structured monthly payments which will almost certainly be less per month than you were paying the credit card company and that will save you massive amounts in interest.
Why Doesn’t Everyone Do This?
Most people don’t know this is an option. They just make their monthly credit card payment and think they have no choice but to pay the crazy rates.
If you have credit card debt, you should really consider a personal loan from a company like Figure. If you’d like to see how much you could save, simply tap the link below. You won’t be committed to anything but you’ll be able to see how much you qualify for and what your rate would be.
