Can You Pay Your Credit Card Bill With A Personal Loan? Pros And Cons
Yes, you can pay a credit card bill with a personal loan. And for a specific category of borrowers, those carrying credit card debt at 36-48% annual interest, doing it can save meaningful money. The math is not always favourable, though. Loan fees, prepayment terms, and the discipline required not to run the cards back up all matter. This guide walks through when the trade works, when it does…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.