Paying more than the minimum payment on your credit cards is a good practice to reduce your debt, but it may not be the most efficient way to save on interest charges. Bright Credit typically offers a lower interest rate than credit cards. So, if you use Bright Credit, you could save money on interest charges and pay off your debt faster*. Additionally, consolidating your payments into one monthly payment can make it easier to manage your finances.
*Individual interest savings may vary and are not guaranteed.