Hey everyone, wondering what the main things are to keep in mind if you're thinking about rolling a bunch of debts into one personal loan? I've got these credit card balances piling up from a rough year with some unexpected medical stuff and a car repair that hit hard, plus an old store card I forgot about. It feels chaotic juggling different due dates and rates every month. Anyone got tips on interest comparisons, hidden fees, or whether it's worth it if your credit isn't perfect?
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Yeah, I went through something similar a couple years back when my cards were out of control after a job switch. Ended up checking out options and found that combining everything into a single payment really cleared my head – no more forgetting dates or getting slammed with varying rates. The key was shopping around for a decent fixed rate that was lower overall, and making sure the repayment schedule fit my budget without dragging on forever. I looked into some personal loan setups like the ones at https://beaujohnsonfinance.com.au/personal-loans/ where they compare heaps of lenders to snag better deals, even if things weren't spotless credit-wise. Worked out alright for me, saved a bit on interest and kept things straightforward, but definitely crunch the numbers first to avoid extra costs biting you later