Improve Your Financial Situation With a Debt Consolidation Loan -- EP 7
Debt consolidation can be a Good Money Move for some people. Jenna Taubel and Troy Brenhaug from First Alliance Credit Union explain how a debt consolidation loan works and how it can help a person simplify and improve their financial situation. It doesn't reduce or erase debt, but it can be beneficial to a person saddled with numerous loan payments by potentially providing them with a lower interest rate and a lower overall payment.