- 1). Gather all your current credit card statements, and make copies of them.
- 2). Find the place on each statement that shows your current annual percentage rate (APR), and highlight it.
- 3). Gather other items you'll need at the bank, such as your bank account numbers, Social Security Number and picture I.D.
- 4). Organize the documents, so they're easy to access when you go to apply for the loan.
- 1). Go to your local bank first to see if you can get a better deal.
- 2). Talk with a representative at the branch, and explain exactly what you want to do.
- 3). Ask the bank representative for a print-out copy of the information she provides.
- 1). Go online and call around to other banks to compare the interest rates. Many online banks offer better deals because of less overhead.
- 2). Choose the loan that has the lowest interest rate for the same amount of years.
- 3). Get a set interest rate. Don't get a loan with a fluctuating interest rate, as you can pay more in the end than your credit cards.
- 1). Apply for the best rate loan.
- 2). Deposit the money into your personal checking account once you're approved.
- 3). Pay off each credit card with the loan money.
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