Considering debt consolidation? Here's what you need to know

David Kimball News

Considering debt consolidation? Here's what you need to know
Debt ConsolidationStruggling With DebtDebt Relief
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Are you struggling with debt that seems to grow endlessly due to interest? Debt consolidation loans might offer a solution. Prosper CEO David Kimball joins...

Are you struggling with debt that seems to grow endlessly due to interest? Debt consolidation loans might offer a solution. Prosper CEO David Kimball joins Wealth to discuss the pros and cons of this debt relief option.

We've got David Kimball who is the ceo of Prosper, a peer to peer lending platform that offers products like home improvement and medical loans as well as of course, debt consolidation loans.I think the biggest reason is you have higher interest rates. And so if you take a look at a debt consolidation loan, you can find something with a lower interest rate, you're gonna find something.

When you look at that, you can do a pre-approval, so you can apply for a loan without actually affecting your credit.So I'd say take a look and look at blogs, look at uh information sources.Once again, understand your existing finances, do a pre-approval.

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