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Podcast: DebtMatters Podcast
Episode: 51 - What Is Debt Consolidation & How Does It Work?
Description: With the rising cost of living and higher interest rates, Canadians are struggling to keep up. Increasingly they are adding to their debt load in order to cover their day to day living expenses. Consolidating multiple debt payments into one can be a way to simplify finances. But not all consolidation loans are created equal. When is a debt consolidation loan the right option when you’re dealing with debt that has got out of control? Could this be the right choice for you? Licensed Insolvency Trustee, Daniel Maksymchak talks about the ins and outs of consolidation loans. He al...