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Should I take out a loan to pay off CC?

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mumpig
mumpig Posts: 112 Forumite
Part of the Furniture Combo Breaker
in Credit cards
Advice please! I have 3 credit cards with a combined balance of approx., £3000. I have tarted them as much as possible but am now stuck with interest on all of them.
I don't want to try and move balances again as last time I did this the company just took part of the balance thus splitting the 2 cards into the 3 I now have.
I have just cleared a personal loan from my bank for £3000 & am fairly sure they would offer me another one for a similar amount, which I can afford as I was paying it anyway.
With the interest, the 3 cards will take forever to clear, so should I take out a loan, pay them all off & just continue with a similar loan repayment but with no CC bills each month?
This seems to make sense to me but would be grateful for fellow MSE'ers advice before I go ahead.
Thanks!
I have always relied on the kindness of strangers
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