I have two credit card that has a total of $19,000 debt with a crazy APR of 24%. I got an offer from another creadit card company that's offering a personal loan up to 35K with an APR of %7.99. Should I go ahead and consolidate my two CC debt and get the low APR personal loan? Would getting another loan decrease my creditt score? Thanks.
By the way, this is not an offer from a credit card consolidation co. It's from Capital One offering a personal loan w 7.99APR for the life of the loan.