Challenging economic conditions continue as we head into 2025. With the average American carrying nearly $8,000 in credit card debt and inflation cooling but still impacting daily expenses, many households are looking for effective ways to manage their growing financial burdens.
A debt consolidation loan offers a potential solution to high-rate credit card debt — but is now the right time to pursue one? We spoke with industry professionals about the advantages and drawbacks of debt consolidation in the…