How I Think About Money“I think it's important to remove shame from money-related decisions. Many people struggle with debt at one point or another, and with the right strategy, you can find your way out.”
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Jackie Veling covers personal loans for NerdWallet. Her work has been featured in The Associated Press, the Los Angeles Times, The Washington Post, Yahoo Finance and elsewhere. Her work has also been cited by the Harvard Kennedy School. Prior to that, she ran a freelance writing and editing business. She graduated from Indiana University with a bachelor’s degree in journalism.
Debt Consolidation Loans Explained To Help Tackle Debt | NerdWallet
A debt consolidation loan is a loan used to combine existing debts into a single loan with one monthly payment. Ronita Choudhuri-Wade explains how they work and what to know to help you can decide if a debt consolidation loan is the right decision for you.
Suggested Articles:
Debt Consolidation Calculator: https://www.nerdwallet.com/article/loans/personal-loans/debt-consolidation-calculator?utm_source=yt&utm_medium=sc&utm_campaign=ba_mktg_organic_032824_social_cm_yt_vertical_promotionalexplainer_debt-consolidation-calculator
What Is Debt Consolidation, and Should I Consolidate?: https://www.nerdwallet.com/article/finance/consolidate-debt
What Is a Debt Consolidation Loan?:https://www.nerdwallet.com/article/loans/personal-loans/debt-consolidation-loan
Chapters:
0:00 - Intro
0:19 - What Is A Debt Consolidation Loan
1:05 - How Does A Debt Consolidation Loan Work?
1:47 - When A Debt Consolidation Loan Is A Good Money Move
2:20 - When A Debt Consolidation Loan Isn't A Smart Money Move
3:01 - How To Get A Debt Consolidation Loan: Checking Your Credit Score and More
4:52 - Other Ways To Consolidate Your Debt
5:26 - Conclusion
#NerdWallet #PersonalLoan #DebtConsolidationLoan
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Debt Consolidation Loans Explained To Help Tackle Debt | NerdWallet
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