Author: Lily Tran

Lily Tran is a content writer, working for MoneyTap Vietnam, who writes about all things Finance. Her passion for credit, debit, loan and investment drives her to help readers get an insight into everyday finance.
5 Best Credit Card Debt Consolidation Strategies

5 Best Credit Card Debt Consolidation Strategies

Credit card debt consolidation is a strategy where multiple credit card balances are combined into one balance, making it easier to track since there is just one monthly payment and a due date that you need to be worried about. Credit cards are a great resource when you are in need of extra cash, you can earn great rewards like cash back or airline miles, and you can buy really expensive things and put them on your credit card. But using many credit cards also means that you're going to have to pay off multiple balances on multiple credit cards. Trying to figure out a strategy to pay off these debts can look overwhelming, but all it requires is careful planning and can be easily achievable. Below are some very achievable ways in which you can work towards consolidating your cre...