Easy Quick Debt Consolidation Explanation

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Okay, everyone, we need to talk about debt consolidation! I received an awesome Q from Emily inside of the DFM Facebook Group, and she asks, “What is debt consolidation? Should I be considering it?” Here’s my quick explanation of debt consolidation and my opinion on it.

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Comments

Brittney says:

please talk about student loan debt consolidation!! is it really worth it?

Quest to FIRE says:

?? I refinanced my student loans from a 10.29% interest rate (I know????) down to less than 3%. Wish I had done it years ago. It’s saving me thousands.

Ryan Perry says:

we just have 2 car loans left and both are less than 5% interest rates. we just plan to throw everything we can at them until they’re gone!

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