How Debt Consolidation Can Go Wrong

Daniel Montville knew a debt consolidation loan wouldn’t solve his financial problems, but the hospice nurse hoped it would give him some breathing room. He had already filed for bankruptcy once, in 2005, and was determined not to do it again. Montville took out the loan in 2015, but within a year he had fallen…

from NerdWallet
https://www.nerdwallet.com/blog/finance/debt-consolidation-disaster/

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