Debt Consolidation Loans Explained To Help Tackle Debt | NerdWallet

Debt Consolidation Loans Explained To Help Tackle Debt | NerdWallet

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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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