Should You Get a Personal Loan or Use a Credit Card?
by Mike Winters on Two Cents, shared by Mike Winters from Lifehacker on (#5ANCE)
As interest rates for personal loans tend to be lower than credit cards, you might wonder why people bother with credit cards at all? Personal loans have their own limitations, however, making them better suited for targeted spending-typically to fund unexpected expenses, home improvements, or to consolidate debt.