Vincent Turner and Karis Churchill discuss debt consolidation in this episode of the So You Know podcast. They define debt and explain the different types of debt that individuals and companies can have. Debt consolidation is the process of merging multiple debts into one, making it easier to manage and potentially saving money on interest. They highlight the benefits of debt consolidation, such as simplifying finances, having a clearer timeline for becoming debt-free, and gaining greater control over budget and cash flow. They also provide tips for structuring the consolidation loan effectively and avoiding common mistakes.