When facing unexpected expenses or planning a big purchase, many people wonder: Should I get a personal loan or use my credit card? Both offer access to funds, but their structure, interest rates, and long-term financial impact are very different. This post helps you compare side-by-side to choose what works best for your financial situation.
Key comparisons:
- Interest rates
- Repayment flexibility
- Long-term costs
- Best use cases for each
Use this guide to:
Avoid costly mistakes by choosing the right borrowing method depending on your goals — whether it’s paying for a vacation or consolidating high-interest debt.