Reported 3 days ago
Using a personal loan can be a strategic way to pay off credit card debt, especially if you can secure a lower interest rate and consolidate multiple payments into one. However, it’s crucial to evaluate your spending habits, the amount of debt you have, and whether you can realistically manage repayments with a personal loan. In some cases, alternative methods, such as balance transfers or consulting a financial advisor, may be more beneficial.
Source: YAHOO