Have a huge outstanding on my credit cards

Date: 2008-10-14 17:47:00

Message:

City: Delhi
Employement Status: Salaried
Date of Birth: 04-10-1981
Earning Members: 2
Dependants: 0
Net Salary: Rs. 40500
Assets
Property: Owned
Vehicle: Financed
Other Assets: Owned
Query: Already have three credit cards. Huge outstanding is there and just paying the minimum amount due leading to high rate of interest
----------------------------------------
Date: 2008-10-15 00:18:39

Message:

You can apply for a personal loan and use the funds to clear your card dues. Make sure the interest rate on the personal loan is cheaper than on the card.

Please revert with any clarifications on the above answer.

Regards,

Amitoj Sethi

www.deal4loans.com
----------------------------------------