9 июн. 2024 г. · Only if you change your spending habits. If you take a personal loan and close the credit cards and only pay cash it's a good idea. If you are ...

15 мар. 2024 г. · It can make mathematical sense to consolidate high-interest debt onto a lower-interest loan. But there is a behavioral side too. Often people ...

19 июн. 2023 г. · To answer the title, No. Personal loans are not always a terrible idea. It depends upon the loan, and the habits of the person taking out the ...

3 мая 2024 г. · To me personally it was not worth it to get a personal loan. I got a 401k loan and paid of my debt that way and paid myself the interest back.

10 июн. 2023 г. · Currently I have 11k in CC debt and 3k in auto loans. At 29% APR for my CCs I think it would be smart to take out a loan to pay it all off.

3 сент. 2024 г. · No! Avoid those like the plague. 30%+ interest rates. It will take years to pay back.

18 мая 2023 г. · Personal loan that dramatically reduces the amount of interest is a good idea overall. Whether that be a balance transfer or an unsecured loan.

7 мар. 2023 г. · Personal loans aren't good, but sometimes they're better than alternatives. For example, if you can pay off a 24% credit card bill by borrowing ...

8 мар. 2023 г. · Loan is definitely a bad idea. You will be paying more in interest than what you will gain on your investments. I would definitely cash flow the ...

11 окт. 2023 г. · In general, if you have a decent credit score, you can get a personal loan for debt consolidation at a rate that is half of your current credit ...