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Debt Prioritisation

She's On The Money

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Downsides of Debt Consolidation and Warning about Scammers

This chapter discusses the potential drawbacks of debt consolidation, including longer repayment periods, increased costs, and the temptation to accumulate more debt. The hosts also caution listeners about scams in the debt consolidation industry and recommend reputable lenders like Weiser. They note that alternative methods may exist for debt relief and that not everyone is eligible for consolidation.

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