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Are you in credit card debt with a high interest rate and can't SEEM to get out? how many cards do you have and are they high limits? Instead of making a personal loan with a high interest rate you can do this. If your credit is decent meaning no late payment you can do one of two things. One obtain another credit card with a zero interest rate, make sure that the card is offering anywhere from one year to 14 months and transfer your balances from the high interest cards to that card.
You need to make sure that the card your transfering to is going to cover the amounts of the combined high interest cards. Do not close the high interest cards, leave them with a low balance maybe $50.00, because you have transferred the balance do not charge them up again if so you are defeating the purpose. Do not close the high interest cards doing so will drop your score dramatically and you do not want that. You can usually get a zero interest card with no annual fee as well, make sure your paying large amounts on the new card to pay it off within the time allowed. **Caution** if you do not use them from time to time some companies will choose to close the card so make sure you keep them active with small amounts you pay off or down to $50.00-$100.00 a month..GOOD LUCK!