Consolidating my credit card debt
Through P2P Credit, you can get a personal loan for up to ,000.
P2P Credit's interest rates start at 6.38% - and P2P Credit specializes in debt consolidation loans.
A loan with a longer term may have a lower monthly payment, but it can also significantly increase how much you pay over the life of the loan.
View the Total Cost of Borrowing Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.
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Consolidating multiple loans means you'll have a single payment each month for that combined debt but it may not reduce or pay your debt off sooner.
if you do keep spending your situation will get worse, rather than better.(The advantage comes from the lower interest rate.) However, if you are carrying credit card balances at high interest rates, it makes sense to consolidate as much of your credit card debt as possible into a personal loan.