How Debt Consolidation Works and Downsides to Watch Out For

Dec 29, 2022, 08:00 AM

Many people choose to consolidate their debt and package it into one loan, often at a lower interest rate. NerdWallet personal-finance expert Sara Rathner joins host J.R. Whalen to discuss how people qualify for consolidation and some risks to be aware of.

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Many people choose to consolidate their debt and package it into one loan, often at a lower interest rate. NerdWallet personal-finance expert Sara Rathner joins host J.R. Whalen to discuss how people qualify for consolidation and some risks to be aware of.


Learn more about your ad choices. Visit megaphone.fm/adchoices