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monticello23

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Credit card balance transfer or personal loan?
Credit score of 568 and 12,000 in credit card debt. Should I choose balance transfer or personal loan?

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In your situation your best choice may be to (1) quit using the credit cards until they are paid down considerably, (2) study the articles provided by this site and utilize the financial tools here so you can get a solid understanding of how credit works and get your score up and (3) search for Dave Ramsey's site to get some sensible ideas on getting your debts paid.

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With that score? It's very unlikely you are going to get either one. Even if somehow you did approved? The interest rate isn't going to be better than your credit cards, and with new credit card(s)? You aren't going to get remotely high starting limits, most likely be 3~500 dollars.

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