I just applied for a personal loan through lending club to Refinance our Lowe’s card. We remodeled our kitchen and pay more than the minimum every month but the balance is still pretty high after a few years of paying on it The interest rate they offered is 5.89% with an apr 7.95%. :). Just waiting for the determination. Fingers crossed they give it to me. I’ll be able to pay it off in about two years if I continue to pay the same amount we cure pay. Plus it will help my credit as I don’t have a lot of accounts. This will up my available credit, shrink my used credit ratio and add a different type of account as right now I only have credit cards on my report. Praying the Lord makes it happen.
