Hey everyone, I’m looking for some advice on the negatives vs positives of debt consolidation. I have about 10k in credit card debt from various cards and as you could imagine based on the interest rates I’m barely touching the principals. Is it better to consolidate? If so how do I go about doing that? Any advice is appreciated Edit: Is it better to take out a personal loan and pay off the debt?
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Hey! To pay off your debts, you should create a repayment plan by prioritizing high-interest debts and considering a higher monthly payment or consolidating your debts. Reducing expenses and increasing income is also advisable. Also you should read safestone financial reviews because it is a reputable company in debt consolidation that can help you eliminate your debts.