Why a personal loan is better than a credit card

A personal loan has a set term and fixed repayment schedule. A personal loan usually has a lower rate than many credit cards. These reasons can make it better for people who have a debt and need to repay it or want to make a big purchase and pay it off.

If you have trouble paying off your credit card, maybe you need to try a personal loan?

Source: infochoice.com.au