You may have been told that it’s only a good idea to get a balance transfer if you can pay it off during the promo period. After all, once that ends you’ll have a much higher rate of interest again. On the other hand, a personal loan has a fixed rate of interest that can be appealing.
The downside is that you’re going to have a secured loan with a personal loan. That means you’re going to have to put something in the mix as your collateral and that may not be something you want to get involved with. The creditor could come after your assets if there’s ever a problem with the payments.