Convert Credit Card Debt to Personal Loan: A Guide for DSAs
Learn how to help clients convert credit card debt into a personal loan wisely.
This learning module is designed to help DSAs understand the concept of converting credit card debt into a personal loan — a valuable financial solution that can help clients manage debt more effectively.
In this presentation, you will learn:
What it means to convert credit card debt into a personal loan
Benefits for clients, including lower interest rates and structured repayment
Eligibility criteria and typical lender requirements
How lenders assess credit card balances and repayment capacity
Steps involved in processing a personal loan for this purpose
How to explain the solution clearly to clients
Common client concerns and how to address them
Tips to improve approval chances and reduce client repayment stress
This module breaks down financial terminology and highlights practical use cases so that even beginners can confidently position this option with borrowers.
By the end of this session, you will be able to guide clients through the process of converting high-interest credit card debt into a structured personal loan, helping them save on interest and manage repayments better.
