Personal loan or balance transfer – These cards offer a promotional or introductory period where the interest rate on balance transfers is low or even 0 for a specified amount of time. Both balance transfer credit.
While a personal loan forces you to commit to a repayment timetable it also requires you to commit to a monthly payment that is likely to be higher than the minimum payment on a balance transfer.
Personal loan or balance transfer – A balance transfer credit card is a credit card that can help you pay off your high interest debt by transferring your existing debt onto a credit card with a 0 percent apr intro period. A balance transfer credit card is a type of card that allows you to transfer existing debt from one or more creditors to a new card. Personal loan or balance transfer