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Should You Use a Personal Loan or Balance Transfer to Pay off Credit Card Debt?

Bruce McClary, NFCCJanuary 31, 2026

The NFCC often receives questions from readers about their money challenges. We answer common questions in our Ask an Expert series to help readers find the information they need. Question: I have a large balance on my credit card and I’m looking for a way to pay it off. Would you recommend seeking a personal loan or a balance-transfer credit…

Should You Use a Personal Loan or Balance Transfer to Pay off Credit Card Debt?

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Should You Use a Personal Loan or Balance Transfer to Pay off Credit Card Debt?

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