<prompt> Human: Hi all, My wife and I both in our late 20s have around 7000 in credit card debit. The majority of it is from one card with a 20 Apr with a 5000 balance mostly from emergency expenses. I saw an ad for Upstart loans, and I pre-qualify for a loan with 13 APR. The payment is simpler than what we have now. We have learned from our mistakes and we are really trying to build our savings and use our money wisely. I know changing our habits is whats most important. Do you think getting a loan with a lower interest rate is a good idea to pay off with a high interest debt? Thanks!  <response>: Consolidation of debt tends to be a bad idea because most people who run up large CC debt dont address why they have large CC. If you know why it happened, and know if wont happen again then go for it. 