Gary Watts CFP®, Vice President and financial advisor at Wealth Enhancement Group was quoted in a CBS News article titled, "Can You Pay Taxes With a Personal Loan?"

"Paying a tax bill with a credit card should be the absolute last resort because the interest on credit card debt is just too high," says Gary Watts, a certified financial planner and vice president at Wealth Enhancement Group. "The exception would be if the taxpayer is able to get a zero or low interest credit card, but those are usually good for a limited, introductory period."

Access the full article written by Aly Yale here.