Are personal loans the cheapest method of borrowing? Well...sometimes is the best answer, personal loans can be a cheap and effective way to access funding but lets examine the alternatives.

• using lifetime or 0% balance transfers on credit cards
if you have several cards, or your credit can handle obtaining additional cards, and you are looking to borrow short to medium term, say 2-5 years, then why not take advantage of all those balance transfer offers you probably already recieve via junk mail almost daily! For example if you have