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Should I get a loan to pay off my credit card?

Thursday, July 30th, 2009
Funky Chicken asked:


I had something come up that I had to put about $8,000 on my credit card. Instead of paying for it with the credit card company and their inflated interest rates, should I take a loan out to pay it off? I guess I could refinance the house to get out of the debt, but I am happy with my loan… Any suggestions?

Raymond
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