A personal loan could help you consolidate credit card debt. To figure out whether that’s the right move for you, compare the interest charges you’re currently paying on your credit card debt to the interest rates and fees you’ll be charged for the personal loan. You should also look at the difference between what you would pay each month for the personal loan and the minimum payments on your credit cards. You might also want to consider applying for a balance transfer credit card with a low introductory annual percentage rate. If you plan to pay off your credit card debt in a short period of time, it might be less expensive to roll it over into a new card that offers a promotional 0% interest rate. Just be aware that lenders may charge you a balance transfer fee.