By having lower monthly expenses means that you will be less likely to default on your payments, which means that you will not only pay your debt of quickly but you will also be keeping your credit record in good order. But the countertop of your dreams is just out of reach with your original budget. From save-the-dates to booking the venue, you can get the money you need with an American Express Personal Loan to make your perfect wedding come to life.If you have debt with high interest rates you know that a large amount of your monthly payment goes towards interest. Debt consolidation loans are a great way for people to get a low interest loan to pay off high-interest debt.

Do you have multiple credit accounts with retail stores, or loans with banks and other lenders that you're struggling to pay each month?

Juggling funds to maintain regular payments on multiple accounts each month can be very stressful, and if not managed properly it could severely damage your credit record and your ability to obtain further credit in the future.

Rates can be as high as 30% in some cases defeating the purpose of a debt consolidation loan.

Many people choose to consolidate debt because of the high interest rates making it hard to pay down the principal balance.

American Express Personal Loans can be used to consolidate credit cards only at eligible U. Actual savings may vary based on your approved monthly repayment amount and the repayment period you select for your American Express Personal Loan as compared to the repayments you would have made on your credit card(s).

If your required monthly credit card payment is higher than the monthly credit card payment in our example, or if your credit card APR is lower than the credit card APR used in our example, potential savings on interest will be reduced.

Consolidating multiple credit card balances into a single monthly payment may not reduce or pay off your debt sooner in all cases.

If the monthly payment on your American Express Personal Loan is lower than the combined minimum due on the cards you are consolidating, it may be due to a lower interest rate on your loan, a longer loan period, or a combination of both. The credit card debt example assumes monthly payments of 3.32 on an existing credit card balance of ,000 at a 14.95% APR, not including additional purchases, payments, or credits.

An American Express Personal Loan could help you put the finishing touches into place. When the perfect adventure comes along, you want to jump in with both feet.