Latest Posts
Home > Ask The Get Out of Debt Experts > I’m Recently Married With Credit Card Debt. Can I Get a Personal Debt Consolidation Loan? – Tiffany

I’m Recently Married With Credit Card Debt. Can I Get a Personal Debt Consolidation Loan? – Tiffany

“Dear Steve,

I am recently married and have $12,000 in credit card debt. I would like to take out a personal loan with a lower interest rate to get it paid within the next 2 1/2 years…much quicker. My husband is worried that it will affect our credit score and we won’t be able to buy a home after.

Would it be better to keep paying the high interest cards or take out the loan?


Dear Tiffany,

I would strongly recommend that you first look at the debt consolidation loans available through the peer-to-peer lending network LendingClub. Since is a network of small lenders you can often get much better rates than you could elsewhere.

You owe it to yourself to check out the rates from LendingClub and my standing offer is that for each person that decides to go the route and applies through my site I will gladly invest in their loan in order to help fund it.

If you payoff the credit card debt, but don’t close the oldest cards, the debt won’t hurt your credit. Since it will be reported to the credit bureaus and you will pay it on time it will only help your credit.

In fact, a group of use finance bloggers have been writing about the advantages of See Debt Free Adventure, Debt Kid, The Digerati Life, and Flexo.

Poll – Vote Now

[poll id=”10″]

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.