# Professor Andres Liberman discusses how balance transfers and personal loans can help borrowers save on interest when consolidating debt

1 Faculty News September 27, 2019 ![WalletHub logo](/sites/default/files/styles/246w/public/assets/images/con_046689.jpg?itok=64YeKxvQ)>

Excerpt from [WalletHub](https://wallethub.com/personal-loans/credit-card-consolidation#Andres_Liberman) -- "Some people do not correctly anticipate how much more interest they will pay, and as a result end up paying too much. A personal loan typically has a defined schedule of payments. This may be helpful for people who have trouble estimating how much interest they will pay and as a way to organize their repayment."

[Read More](https://wallethub.com/personal-loans/credit-card-consolidation#Andres_Liberman)