Answer :
The benefits of getting a personal loan to pay off debt is that it helps you pay off this high cost debt within a single payment. Once you have paid off this high cost debt, you can pay off your personal loan in affordable EMIs.
Taking out a personal loan can help you pay off your debt faster, but it's important to make sure you understand the terms of the loan before you apply. Make sure you know the interest rate, the repayment schedule, and any fees or penalties associated with the loan.
Once you've compared different loans and found the right one for you, make sure you can afford the monthly payments and that you're comfortable with the amount of debt you'll be taking on.
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