Using one of these cards you can transfer all of your credit card debts to one card and you can avoid paying any interest on these debts for up to 18 months. (discoverdebtfreedom.com)
Cons: The biggest downside to personal loans is that you're still paying interest on your debt. (valuepenguin.com)
All the while, the individual is paying interest on the debt consolidation plan meaning that he or she will often pay more over the lifetime of the plan. (debtconsolidation.com)