New Delhi, May 1 -- I asked ChatGPT if I should consolidate 5 credit card EMIs into a single EMI by taking a personal loan. This is what AI said:

I have five ongoing credit card loans with EMIs of Rs.30,000, Rs.5,000, Rs.12,000, Rs.7,000, and Rs.16,000. Should I continue managing them separately, or would it be better to take a personal loan to pay off the total credit card debt and consolidate everything into a single EMI?

You're asking the right question at the right time-because with Rs.70,000/month going into EMIs, the structure of your debt matters as much as the amount.

It implies that these are likely credit card EMI conversions, with typical interest rates of 18% to 36% annually. Some may even have hidden charges (processing, G...