Susan L. Miller posted:
Hi- what do you think about these options? I am trying to avoid high cc interest on about $5K worth of debt.
It’s a tough call honestly. I would lean more towards the personal loan, but that also depends on your credit score. Obviously you want to research and compare to find the lowest interest rates, but there’s also loans available out there with a decent credit score that give you X amount of time to repay the loan with no interest but when you pass the no interest date, the interest is still very low and more easily manageable. Again it all depends on your credit score.