http://www.shlanxiao.com/News/using-an-unsecured-loan-to-consolidate-credit-card-payments/ Unsecured loans have many functions, but one of the best is for consolidation of your credit card debt. Credit cards typically have a minimum monthly payment that will cover most, but not all of your interest charges. If the minimum is all that is ever paid, then the balance will continue to increase, and payments [.] No related posts. Fri, 18 Dec 2009 11:23:43 CST en