Hi,

in answer to your question you can have more than one personal loan at a time but the question you need to ask is what is your credit rating and will you be able to sucessfuly apply for a loan.

If the answer to this is yes then you need to look at what would you would pay in interest. if you can consolodate your loans and credit cards together via a loan and be disciplined enough to not use your cards then that may be a way to go.

personally, seeing as you have more than 25k of credit cards then you will be looking at a secured loan. currently, your credit card debts are not secured.

G