Dave ramsey and consolidating debt
Read the other posts in the series here—and get all the info you need to make intelligent decisions about your student loans.
And while you’re at it, check out So Fi’s new Student Loan Debt Navigator tool to assess your student loan repayment options. With prevailing interest rates at historic lows, some private lenders offer rates that are significantly better than a high-rate federal loan.
And if you do qualify, but you’re at the high end of the spectrum, your slightly lowered payments may come at a through the refinancing process won’t make sense for every borrower, but it provides great benefits for some.
Now that you know it’s an option and you understand how it works, you can better assess whether it’s right for you.
But is debt consolidation really a good option for people that are deep in debt and need a solution for getting rid of debt for good?
Many people believe it’s a great tool to use for getting out of debt.
This meant that a pesky, small credit card bill went first.