Q. What is the right financial move?

What is the right financial move?

Hi all! I have credit card debt, a personal loan, and a car loan, and I feel like I’m drowning in monthly payments and high interest rates. Can anyone tell me if debt consolidation loans are a smart choice in this case and if it would be the right financial move for me?


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19

Sep, 2023

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  • sanny

    Hello! A few years ago, I found myself in a similar situation, juggling credit card debt, personal debt, and a car loan, and it was becoming overwhelming. I decided to look into debt consolidation loans as a way to simplify my finances and hopefully reduce the burden of high interest rates. In my case, this made financial management much easier. I used newstartcap to consolidate old debts and paid off all credit card balances and other outstanding debts. This allowed me to lock in a fixed interest rate, so I knew exactly how much I needed to budget for each month. It was also a huge relief to not have to worry about missing deadlines or late fees.


       

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