Consolidating your debt can be a good way to lower costs and reach your financial goals
If you’re trying to get out of debt, a debt consolidation loan is one strategy to consider.
Debt consolidation is when you combine more than one debt into a single debt. In addition to a debt consolidation loan, some other popular ways to consolidate debt include:
There are a lot of pros and cons to consolidating debt as well as a whole lot of myths surrounding the subject. Before you go forward, we’ll bust a few of those myths that might affect your decision.
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Read the full article at: https://www.fool.com/the-ascent/personal-loans/articles/5-myths-about-debt-consolidation/