Is debt consolidation a good idea? In this video you can find debt consolidation explained, and the truth about debt consolidation. Beware – Some debt consolidation deals are just a scam!
0:23 What is debt consolidation?
0:55 Good debt consolidation example
2:16 Bad debt consolidation example
3:29 Other issues debt consolidation has
3:55 Debt consolidation summary
Calculator used in examples:
https://www.creditkarma.com/calculators/debt_repayment/
How to get out of debt step-by-step:
https://finestfinance.co/2019/09/10/how-to-get-out-of-debt-a-step-by-step-guide/
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