| The holidays are exciting, but they're also one of the most expensive times of the year. Gift shopping alone could take a big bite out of your budget. With those extra expenses, some consumers end up with hefty credit card balances to start the new year. And with record high credit card interest rates of nearly 20%, holiday debt could end up costing you quite a bit of money. But if you're in this situation, you may not need to pay those costly interest charges, month after month. Here's a cheaper option -- apply for a personal loan to consolidate your debt and save on interest. It might sound complicated, but it's actually a simple process. Once you get approved for a personal loan, you use it to pay off your credit cards. After that, you only have one fixed monthly payment to make. And personal loans normally have lower interest rates than credit cards, so you could end up saving hundreds of dollars! Now, there are lots of lenders that offer personal loans, and they all have their own minimum requirements. Going through them all to find loans that best fit your needs could take awhile. Instead, you can compare multiple lenders here to check your personal loan eligibility in two minutes or less, with absolutely no impact to your credit score. All you need to do is plug in some basic information to check your personal loan rates. And since you'll see multiple loan options at once, you can quickly compare them and pick the one you like the most. By the way, a personal loan isn't just for consolidating debt. This is one of the most flexible types of loans, and you could get a personal loan for just about anything, including: - Paying your bills if you're going through financial difficulties
- Taking a trip to see family over the holidays
- Boosting your gift budget to get something extra special
Sometimes you find yourself in a situation where extra cash could make a big difference. Personal loans are typically one of the most inexpensive ways to borrow money, but it is still taking on debt. Before you move forward with a new loan, it is important to assess your finances and make sure you're only taking out what you can afford to pay off. And rate shopping could help you find a deal that best fits your financial needs. If you could use a personal loan, check your rates today to see what your options are. It doesn't take long, and it doesn't affect your credit. | 
