Payoff High Interest Credit Card Loans


Get a lower interest Short Term Loan

Pay your high interest credit card debts with a simple short term loan!

Convert your high interest credit card outstanding into a low interest EMI with Cashkumar


Take control of your credit card debt now!

Credit card debt can be crippling: financially and psychologically. Even though credit cards themselves are a convenience, the interest and penalty for even one delay in repayment can snowball into an unmanageable amount! If you are already in the middle of a debilitating credit card loan, you can get out of it!

Cashkumar can enable you to reduce multiple high-interest payments into one low-rate monthly payment. Interest rates on Cashkumar are less than most credit cards. You can club the debt on your own, on various credit cards into one single, fixed, and affordable monthly payment and thus simplify your life.

The loans are given using the P2P lending model where people with excess funds can advance it to individuals in need of it. Loans are approved based on eligibility criteria like credit history, salary amount, company and current obligations. The process of approvals and disbursal is online with simple documentation. Recovery is done via the EMI route where borrowers can pay back in a month or over a period of few months.

If you are already in the middle of a worrying credit card loan, you can get out of it. One way in which you can pay off your credit card debt is to take a loan which has a much lower interest rate than the 3.5% to 4.0% charged by credit cards. Cashkumar offers you easy repayment loans ranging from INR 20,000 to INR 1,50,000 for periods between 3 and 12 months. Depending upon eligibility criteria, such as your age, salary, monthly obligations, your rates could be as low as 2% per month flat. Avail a loan from Cashkumar now to pay off your total Credit Card outstanding.

  Cashkumar Credit Card Loan Regular Credit Cards
Will help you get out of debt? Yes No
Fixed Monthly Payments Yes No
Rate of Interest 2% per month 3.5% to 4% per month

Documents Required for Credit Card Debt Consolidation Loan

  • Three passport size photographs
  • ID proof – Passport/Voter ID/Aadhar or Drivers Licence
  • Residence Proof – Passport/ Landline Bill/ Post-paid Mobile Bill/ Rental agreement or Bank Statement
  • Pan Card copy
  • Age Proof – Passport/ Drivers Licence/ School Certificate or Pan Card copy
  • Income Proof - Latest 3 months salary slips
  • Banking Statement - 6 months bank statements
  • Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16

Basic Eligibility Criteria for Credit Card Debt Consolidation Loan

  • This loan is given to salaried individuals who should be over 23 years, working in a credible company, must have a good credit score as well as fair bank balance.
  • Salaried individual with minimum income of Rs 20,000. Salary bracket would again depend on the city you live in and the company you work for. Eg. If you are in a Mumbai, the salary requirement will be higher than non-metropolitan city and again if you are working in a top MNC, the salary requirement would be lesser than one working with a startup.
  • Should be staying in the city for at least 1 year
  • Total work experience should be at least 2 Years
  • You would require basic documentation such as your address proof, identity proof, latest bank statements etc

Credit Card Debt Consolidation Interest Rate Calculator

Compare and check the Interest Rates and EMIs between Credit Card dues and Credit Card Debt Consolidation Loan from Cashkumar using the EMI Calculator below at different monthly flat interest rates

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Want to explore a credit card debt consolidation loan?

Yes! Get me a Cashkumar Credit Card Loan