Using a personal installment loan to consolidate your debt is easier than you might think, once you qualify for the loan. The proceeds from the loan are typically transferred into your bank account, for you to use as you wish. At this points, the funds are essentially cash that can be used just like any other money in your bank account. Of course, since we’re talking about debt consolidation, that money will be used to pay off your debts according to your debt repayment plan. Simply make payments to your credit card issuer or lenders as you normally would, be it via check, by phone, or online. As you’ve likely gathered from the previous answer, a credit card balance transfer requires getting the issuer of your new balance transfer card involved. This can occur in a few ways, the simplest of which is to disclose any desired balance transfers during application. Most online credit card applications will have a dedicated section for this purpose. Many major issuers allow consumers to make their balance transfer requests during the application process.