Should I pay off my credit cards with a personal loan?

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Should I pay off my credit cards with a personal loan?

Should I pay off my credit cards with a personal loan? Absolutely not! More often than not when people use consolidation loans to eliminate their credit card debt they fall deeper into debt. The issue with these loans is that people keep their credit cards after the credit card has been paid off. This leaves them vulnerable to maxing it out all over again. Now they end up with a new term loan and once again a maxed out credit card. This creates a black hole of debt that I don’t want you to go down. Why does this happen

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