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Home » Loans

Would it be wise to take out a personal loan to pay off a car loan?

Submitted by on February 21, 2010 – 5:16 pmOne Reply


A web user asks, I have a loan from a bank for a car, i have an offer for a personal loan, both are at 10% interest… The point would be to have the positives on my credit of 2 loans being paid off instead of one, and i’m wondering if i could claim the car as being paid off for better insurance rates?

Can you help them out? Post your advice!

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One Comment »

  • Jayden says:

    The application and approval procedure of personal loans is online. Lots of lenders are available on the World Wide Web with lot of attractive offers and packages for you. You just surf the web for the best lender offering suitable terms and conditions as per your requirements and financial plightahead to have all the things you’ve been dreaming of without even worrying how to repay it. Sit on the chair, be a bit clicking conscious and find all your plans molding in a true shape.

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