Should You Consolidate Your Debt?

Should You Consolidate Your Debt?

Assessment

Interactive Video

Life Skills, Business

11th Grade - University

Hard

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The video discusses debt consolidation, explaining various methods like credit card balance transfers, personal loans, and debt settlement companies. It highlights the pros and cons of each method, emphasizing the importance of understanding the terms and potential risks involved. Alternatives to consolidation, such as keeping debts separate and negotiating hardship programs, are also explored. The video concludes by stressing the need for personal reflection to choose the best debt management strategy.

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1 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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