No. of Recommendations: 1
Thanks for the (always level-headed) reply, Fuskie.

I am able to pay my current cards as scheduled ( I have paid off one and rolled those payments over into the highest balance/rate card). The reason for seeking out the loan is to reduce the amount of money I will be paying when all is said and done. Three of my four cards have interest rates higher than 18.99%. If I were able to secure a loan at 15% (as I was quoted today, inclusive of fees) I would be saving money in the end. While it's not piles of money, $500 saved from CC payments and invested at 10% turns into something after 30 years, does it not?

I agree that perhaps it's not worth the fuss. This is why I'm asking questions.
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