Also, again, because the loan is unsecured, the rate may be higher than, say, a home equity loan.However, if you can get approved, the rate will probably be below that of a credit card, so it would still be better to use the loan
versus leaving the balances on the cards.
Sometimes
balance is reflected in the amount of text, or graphics made to illustrate impacts and often it is reflected in the number of negative
versus positive impacts, the latter often
left out completely at the first draft stage.