Debt Consolidation Loans Calculator: https://tryascend.com/qualify/consolidation-loan-and-alternatives/ytbdc2025
A debt consolidation loan can help get you on one monthly payment and potentially save you money by using the funds to payoff high interest credit cards.
That said, you should consider the origination fee, whether there are prepayment penalties and whether the interest rate you qualify is lower than the credit cards you are trying to consolidate.
In this video we’ll cover:
00:00 Intro
0:49 What Are Debt Consolidation Loans and How Do They Work?
1:59 When Do Debt Consolidation Loans Make Sense?
3:09 What Are Your Alternatives to Debt Consolidation Loans?
3:52 The Importance of a Long-Term Debt Plan
#debt #loans
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