Why It Pays to Use a Personal Loan to Pay Off Credit Card Debt

Why It Pays to Use a Personal Loan to Pay Off Credit Card Debt

No matter why you've landed in credit card debt, your goal should be the same -- to shed that debt as quickly as possible so as to minimize the amount of interest you accrue on it. A personal loan allows you to borrow money for any reason, just as you can use a credit card to charge a host of expenses, from groceries to car repairs to medical bills.