Divorce, like any big life event, can impact both partners’ finances.
In 2015, freelance writerMiranda Marquitwalked away from her divorce with a little bit more than $15,000 in joint debt. She made smallautomatic paymentson the accounts for the first couple of years, but in 2018 she decided to become serious about getting rid of it.
She answered a flyer she received in the mail offering a debt consolidation loan at a low 2.9% interest rate.
“It was kind of sneaky in my opinion,” Marquit tells CNBC Select. “I hadexcellent creditat the time, so I thought it was a slam dunk. I went through and used my ‘special code’ and I got some response about a program that would fit my needs.”
Marquit thought she was signing up for was a debt con…
Read the full article at: https://www.cnbc.com/select/debt-consolidation-mistakes-to-avoid/