Two Into One

I’m exchanging two terrible debts for one reasonable debt.
One credit card had $2500 on it, with an APR of something in the realm of 23%. The other credit card was sitting at $15,000 on it with an APR of 17%. I was making payments without issue, but with the credit as high as it was WITH that high of an APR? Yeah, I was just treading water.
So, I took out a private loan for $16,000 with an APR of just 7%. They have it set up to be a standard 5 year loan, but I can elect to pay it back quicker without penalty. So I can actually get it PAID OFF. Woohoo, I can’t wait.
It’s just a HUGE, HUGE, HUGE weight off of my shoulders. I knew it was a heavy weight, but I didn’t realize how much it was utterly CRUSHING me. I feel like I can breathe now.