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Personal Loan to Pay Off Credit Card Debt

If you don’t have good credit, you may not be able to qualify for a personal loan with a lower interest rate than your credit cards.

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Personal Loan to Pay Off Credit Card Debt

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  1. Personal Loan to Pay Off Credit Card Debt

  2. If you don’t have good credit, you may not be able to qualify for a personal loan with a lower interest rate than your credit cards.

  3. Personal loan interest rates can be as low as six percent or as high as 35 percent.

  4. While the extra cash flow has helped our budget, it’s easy to use it for discretionary spending.

  5. You want to use the personal loan as a jumpstart to getting out of debt sooner, not to use it as a way to stay in debt longer.

  6. Check out these resources and start off on the right foot! http://centsai.com/should-you-use-a-personal-loan-to-pay-off-credit-card-debt/

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