Truss Way Financial
Credit Card Consolidation Loans
A credit card consolidation loan may replace eligible card balances with one installment payment. Truss Way Financial is a marketplace—not a lender—and helps you check potential matches through one soft credit inquiry.
How card consolidation works
If you receive and accept a suitable offer, loan proceeds may be used to pay eligible card balances. You would then repay the lender under the loan agreement. The lender decides whether to make an offer and sets its own terms; checking potential matches is not a loan application approval.
Compare the complete cost
Review APR, fees, payment amount, repayment term, total repayment, late-payment rules, and any prepayment conditions in each lender's written disclosures. A lower monthly payment can come with a longer term and a higher total cost. Avoid taking on a new payment unless it fits your budget.
Keep cards from adding new balances
A consolidation loan does not change spending habits or automatically close paid-off accounts. Consider how you will manage card use after payoff, keep track of due dates, and build room for unexpected expenses.
Frequently asked questions
Does checking credit card consolidation options affect my credit score?
The initial check uses a soft credit inquiry and does not affect your credit score. If you choose to continue with a lender, that lender may request a hard inquiry; review its disclosure before proceeding.
Is Truss Way Financial a lender?
No. Truss Way Financial is a loan marketplace. Participating lenders independently decide whether to make an offer and set loan terms.
Will a consolidation loan lower my total cost?
Not necessarily. Compare the complete repayment amount, including fees and the full term, with your existing card obligations. No savings amount is promised.