When is a personal loan a smart choice? – WXOW.com

WXOW.comWhen is a personal loan a smart choice?WXOW.comIf you repaid $10,000 in credit card debt over 60 months at 20 percent interest, your payment would be $265 per month. You would pay a total of nearly $5,900 in interest. Over the same 60-month period, a personal loan at a 15 percent interest rate …and more …read more

Source:: Credit Card Debt