By taking the other route, and paying off your credit-card debt with $30,000 from your investments, you would forfeit around $6,700 over those three years, assuming a conservative 7% return or roughly ...

Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a ...

When you miss credit card payments, the consequences unfold in a predictable sequence that gets progressively more serious.