It’s 2020.  Do you still have some credit card debt?  Well, most of us parents do. After all, we have a family to take care of.  But why should we pay 15-20% interest rates?  

Here’s the thing.   Credit card companies charge these crazy rates even though interest rates are at an all-time low.  And worse yet, they don’t always take into account that we are responsible parents who will pay off our bills.

So, what can us parents do about these insanely high rates?  Well, there’s one thing we can all do to pay off our debt faster and rest easier.

Oh, and it only takes 2 minutes.

Check If This Company Can Pay Off Your Credit Card Debt This Month

You’re a parent. You’re responsible (well, most of the time anyways). So shouldn’t your credit card rate take this into account?

Fortunately, a company named Fiona does. They help you find personalized lending options to refinance or consolidate your debt and potentially save thousands of dollars in interest.

Fiona does this by showing you a reputable list of lenders for free. One other benefit I like as a parent is that it saves me time and work. They eliminate the headache of paying multiple bills by allowing you to make one payment each month. So, yeah, no more late fees because I forgot to pay a bill.

HOW MUCH DO PEOPLE SAVE

Well, you can borrow up to $100,000 (no collateral needed) and compare interest rates, which start at 4.99%. And repayment terms range from 24 to 84 months.

So, let’s take Christine who had $15,000 in credit card debt, at her old rate of 17.25%. After she refinanced at 5%, with a seven-year personal loan, she saved $14,000 in interest.

If she didn’t make the smart move to find a better rate, she would have paid more in interest than on her kids’ college education.

So if you want to see what’s out there or simply want to window shop, then check rates on Fiona. And you can do so knowing it won’t affect your credit score. Oh, and use your savings to buy yourself something nice (and maybe even your kids :).