The conversation between human and AI assistant.
Drowning In Debt?
Yes, I have. But I'm not sure if that's the best option for me. Can you explain how debt consolidation works?
Sure. Debt consolidation involves taking out a new loan to pay off your existing debts. This new loan typically has a lower interest rate than your current debt, which can help you save money over time. You then make one monthly payment towards the new loan, rather than several payments towards multiple debts.