The question
Should I roll these balances into one loan or transfer?
Consolidation moves debt. It doesn't remove it — and it changes how your file reads.
What we know
Pulled from My Stuff. Nothing is re-asked.
Nothing on file yet that bears on this decision. You can still work it through here — or add a few things in My Stuff so every future decision starts warmer.
What we still need
Only the things that genuinely move the answer. Approximate is fine — leave anything blank and it stays a stated assumption, never an invented number.
Stated assumptions
- Assuming the cards not provided.
- Assuming no confirmed offer rate — the comparison stays directional.
- Assuming what put the balances there not provided.
CredABLE won't turn these into an authoritative-looking figure. Where a number decides the answer, it will say so and ask.
Options
Real alternatives. Very few of these decisions are actually yes or no.
Consolidate into one loan
One payment, fixed end date, cards left open and empty.
Balance transfer
Cheap money for a window — the window is the whole deal.
Pay down in place
Target the card doing the most damage first.
Don't consolidate yet
If the spending pattern is still live, this repeats.
Impact
What CredABLE will compare the options on.
What changes the answer
Assumptions that can flip the recommendation, stated up front.
- Whether the cards stay open after. Closing them raises utilization on what's left.
- The fee and the end of the promotional window.
- Whether the spending that created the balances has actually stopped.
CredABLE's take
A clear read on your version of this, plus the next move.
You'll get one interpretation, not a shrug — and every assumption behind a number will be written in front of it.
Save this scenario
Come back to it, or compare it against another.
Examples: “$650k house”, “Pay off cards”, “HELOC option”, “Investment property #1”.