In this solo episode, Evelyn is talking about debt (consolidation), baby!

Debt consolidation can be a handy way to help pay off your consumer loans faster, but it can also have some pretty significant negative impacts if not done correctly.

Evelyn starts today's episode by giving us the lowdown on what's happening in the property and finance scene and dives into the buzz around bridging finance. Evelyn then breaks down debt consolidation and brings clarity to its potential long-term implications.

Finally, she shares the "snowball" strategy as a different method of paying off debt, opening up the world of compound interest - including how it can work for and against you.

Tune in now.

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You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest's content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members.

It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements.

If you need mortgage or finance advice tailored to your own personal situation, contact ⁠⁠⁠⁠⁠⁠⁠Everlend⁠⁠⁠⁠⁠⁠⁠ today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222.

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