TRANSCRIPT
(Jessica) Welcome to Money Matters on the Southern Bank Financial Wellness Network. I’m Jessica.
(John) And I’m John!
(Jessica) And today we’re talking about credit card debt. Hmm. That’s a tricky one, John.
(John) It can be. Particularly if you have multiple credit cards with significant balances.
(Jessica) Is it a good idea to consolidate all the cards into one debt, one payment?
(John) Consolidation can be helpful if used wisely. If you have multiple debts with varying interest rates, bundling them together has two notable benefits. The first is that ...
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2022