Financial

www.mypayoffloan.com – Pre-Approved Loan Offer

My Pay Off Loan

  • Obtain more information about the Pay Off Loan offer
  • Designed to help consumers pay off their credit card debt
  • The pre-approved offer is based on credit score

Investopedia defines credit card debt as “A type of unsecured liability which is incurred through a short-term revolving loan facility”.  Credit card debt is some of the worse debt a person can carry as it often results in a VERY HIGH APR.  Due to the high APR associated with credit cards many consumers end up paying hundreds if not thousands of dollars in balance fees a year.  Many credit card companies entice customers to make a small minimum payment in lieu of paying of the entire balance all at once.

Sources

  1. www.mypayoffloan.com