What is Debt Consolidation Anyway?
Debt consolidation is akin to trying to sort out your dating life after a series of disastrous encounters. Imagine if every bad date you’ve had—those awkward dinners and cringe-worthy conversations—were akin to different types of debt piling up on your financial plate. You start with one credit card debt, then another, followed by a personal loan with less-than-ideal terms. Suddenly, you find yourself juggling multiple repayments, all with different interest rates and due dates, much like trying to remember the names of all the people you’ve been on dates with.