Many people choose to consolidate their debt and package it into one loan, often at a lower interest rate. NerdWallet personal-finance expert Sara Rathner joins host J.R. Whalen to discuss how people qualify for consolidation and some risks to be aware of.
 

 
Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Many people choose to consolidate their debt and package it into one loan, often at a lower interest rate. NerdWallet personal-finance expert Sara Rathner joins host J.R. Whalen to discuss how people qualify for consolidation and some risks to be aware of. Learn more about your ad choices. Visit megaphone.fm/adchoices

Many people choose to consolidate their debt and package it into one loan, often at a lower interest rate. NerdWallet personal-finance expert Sara Rathner joins host J.R. Whalen to discuss how people qualify for consolidation and some risks to be aware of.
 

 
Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="noopener noreferrer">megaphone.fm/adchoices</a>

How Debt Consolidation Works and Downsides to Watch Out For

Get your personal finances in shape with advice on budgeting, credit card debt, college tuition, retirement and more.


<a href="http://online.wsj.com/public/page/podcast.html?mod=WSJ_footer">The Wall Street Journal Podcast Page</a>

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Get your personal finances in shape with advice on budgeting, credit card debt, college tuition, retirement and more. The Wall Street Journal Podcast Page

Get your personal finances in shape with advice on budgeting, credit card debt, college tuition, retirement and more.


<a href="http://online.wsj.com/public/page/podcast.html?mod=WSJ_footer" rel="noopener noreferrer">The Wall Street Journal Podcast Page</a>

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How Debt Consolidation Works and Downsides to Watch Out For

How Debt Consolidation Works and Downsides to Watch Out For