<prompt> Human: I have a major balance between two credit cards from two different banks. Would it be a good or bad idea to pursue a personal loan to get those balances down to zero to stop getting hit with finance fees and then only have one monthly payment? My wife and I are in a place financially right now that we dont need to use the credit cards but would like the safety net if we need it.Thanks in advance for your help!  <response>: How much is the interest on your credit cards?Id personally look into getting a 0 interest balance transfer from both credit cards to a completely new credit card. I dont know where youre located but banks here in Australia usually offer a 12-18 month interest free period with balance transfers. Then work out a budget to pay it off monthly within the interest free period. 