The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Getting A Personal Loan to Pay off CC Debt. Date:  10/28/2002  4:40 PM
Author:  Brett257 Number:  143960 of 312696

Hey yall,

I was wondering if it would be a good idea to get a personal loan in order to pay off my debt which is at 16.9% right now. I know the rates on those are at about 14% or so. If I can actually get approved would that be a good thing to try out. What about a personal line of credit that has variable payments, depending on how much you take out. I have about $3200 in debt.

Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us