Many Aussies turn to debt consolidation as a way to manage their debts and get back on track financially. But is getting a debt consolidation loan always wise? Let's take a closer look at some things to consider.
What is debt consolidation?
The perks of debt consolidation
The risks of debt consolidation
Anything else to consider?
Is debt consolidation wiser than a credit card?
So, is debt consolidation wise?
Doing the maths is smart
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Disclaimer: This article contains general information only, and is not general advice or personal advice. Wisr Services does not recommend any product or service discussed in this article. You must get your own financial, taxation, or legal advice, and understand any risks before considering whether a product or service discussed in this article may be appropriate for you. We have taken reasonable efforts to ensure that the information is accurate at the time of publishing, but the information is subject to change. We may not update the article to reflect any change.