Key takeaways Using a personal loan to pay off credit card debt could be a smart move if you can secure a lower rate or are juggling multiple credit card payments Paying off credit card debt with a personal loan may not be right for you if you’re overwhelmed by debt Before you use a personal loan to pay off debt,

Discover how your credit card bill compares to the U.S. average and learn ways to manage debt, lower interest costs, and take control of your spending.

With Trump's proposed cap on credit card interest rates and new caps on student loans, more Americans might turn to alternative lenders.