One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, on the other hand, come with a fixed interest rate, a fixed monthly payment ...

If you have debt and savings with the same provider, it has the right to ‘set off’ and use money held in your current or savings account to pay off debt such as a credit card or personal loan.

Chiara is an award-winning investigative reporter who specialises in banking and fraud, joining Which? in 2015 following six years as a personal finance journalist at a national newspaper. Debt isn’t ...

Personal loans are popular options for credit card debt consolidation. Replacing revolving credit card debt with an installment loan can help you pay less interest and clear balances sooner. By ...

Turning 18 might be the official marker of adulthood, but there are lots of unofficial milestones, too. Graduating from high school, moving out of your parents’ home, buying your first car — or in ...

It may be possible to use personal loans to pay off student loans, though not all lenders allow this. Refinancing federal student loans to a personal loan eliminates access to income-driven repayment ...

You can get a debt consolidation loan from an online lender, even if you have bad credit. Compare loan offers to find the best rate. Many, or all, of the products featured on this page are from our ...

Using a personal loan to pay off student loans might seem like a viable option for reducing interest rates or consolidating debt. However, there are several factors to consider before proceeding with ...

For many salaried individuals, dipping into Employees' Provident Fund (EPF) savings to clear loans can appear tempting. The logic feels straightforward, wipe out a large liability, reduce monthly ...