Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a personal loan may not be right for you if you’re overwhelmed by debt Before you use a personal loan to pay off debt,

Credit card interest rates remain high right now, driven up, in part, by the Federal Reserve's rate hikes that occurred in 2022 and 2023. While the increases were aimed at combating inflation, they also raised the prime rate and, by extension, caused an ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. With the average American household with credit card debt carrying a balance over $6,000, debt ...

Let’s take Jordan as an example. She’s 49 years old, and has received a $22,000 year-end bonus from sales commissions. However, she also carries significant consumer debt — $56,000 across her three credit cards.

You can stop bleeding interest on credit card debt with one of these cards, allowing you to transfer a balance and not pay interest for as long as 24 months.