answersLogoWhite

0


Best Answer

The person involved would need to look at a few factors before making the decision. One what would be the savings in interest and fees. For instance, most personal loans have a much lower interest rate than credit card accounts, and only a one time loan processing fee. It might have a temporary negative affect on the credit history, but not a significant one.

User Avatar

Wiki User

18y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Should you get a small personal loan from a bank to pay off a few thousand dollars in debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What exactly does small loans mean?

A small loan is an amount that can be anywhere from a few hundred dollars to a few thousand dollars. These loans can range from personal to business loans.


What can you buy for three thousand dollars?

small tv, small couch


How do you write six thousand dollar on a check?

On the line to the left of the word 'dollars': Six thousand and 00/100In the small block next to the dollar sign: 6,000.00


How you write checks one thousand and fifteen dollars?

On the line to the left of the word 'dollars': One thousand fifteen and 00/100In the small block next to the dollar sign: 1,015.00


How much do you charge to cater a small birthday social?

a thousand dollars in the empire state of Qutar.


What do you need to do to get 500HP out of your 350 small block?

You will need to spend 4 to 5 thousand dollars are more.


Is there a way to get free gastric bypass surgery?

Gastric bypass surgery is not free. The surgery costs as much as a small car. It ranges in price from twenty-thousand dollars ($20,000) to twenty-five thousand dollars ($25,000).


What is the price range for horse floats?

Horse floats come in all shapes and sizes, from small and cheap to luxurious and very expensive ranging from a few thousand dollars to tens of thousands of dollars.


Are there any companies that can do baby cord blood banking for less than a few thousand dollars?

No the cost of core blood banking is extremley expensive due to the intense medical knowledge that is needed to make this happen. In fact a few thousand dollars is a small price to pay.


How do you say 6001900?

Six million, one thousand, nine hundred. Numbers are always read from left to right (large to small digits); the word "and" should only be used where there is a decimal point. (For instance, $1497.60 would be read "one thousand, four hundred ninety-seven dollars and sixty cents.)


What is the price range for a caravelle VW?

A Volkswagen Caravelle is a popular small car and prices can range dramatically depending on the condition and mileage of the vehicle, from less than a thousand to more than ten thousand dollars.


How to you write 16 hundred and thirty two dollars on a check?

On the line to the left of the word 'dollars':One thousand six hundred thirty-two and 00/100In the small block next to the dollar sign: 1,632.00