YOUTUBE Do Debt Consolidation Loan actually work | Pay Off Debt AdminJuly 12, 2023046 views Now in this video im going to break down all the pros and cons and especially answer these questions that I know you’re having. Are debt Consolidation a good thing, or are they a bad thing. Questions I’m going to answer – Low Monthly Payment – Low apr – I only owe one person Well I’ve gotten letters for Student loan refinancing, credit cards and even Auto loans ( I don’t even own a car) However: – I owe 12-13k in credit card debt and pay no interest, and I pay no interest – I get offers every week to refinance and pay a low minimum payment, lower apr, and one person. – Oh, don’t forget about the low rates offered of 4-12%, which sounds a lot better than 25-35 with a credit card. Do Debt Consolidation Loan actually work | Pay Off Debt Pros: according to the Companies ( Do Math) and Compared to a Credit Card Low Monthly Payment Story: Instead of paying only the minimum on credit cards and finishing in 5-13 years – You refinance your loan and be done between 12-60 months ( which sounds a lot better than 13 years) – You can also prepay the debt and be down sooner Lower Apr One Bill Story: Stuck paying 6 credit cards and the balance seems like it doesn’t go down Cons Low Monthly Payments: Its longer and usually they’ll win more Lower Apr: It’s lower, but it’s on a higher balance One Bill: they make the profits and cut out the credit cards and hope you do it all over again * PRO TIP* INFORMATION IS EVERYTHING ????Merch???? https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ ????ACORN FREE $5???? Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 ????????????DISCORD PRIVATE GROUP???????????? ( Limited – Comment if Full) https://discord.gg/JVsXZ6h My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 50,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly source