Laura Adams

Laura Adams is a personal finance expert, spokesperson, and national media source who helps consumers improve their finances by making money easy to understand. She’s the host of the top-rated MoneyGirl Podcast and award-winning author of multiple books, including Money Girl’s Smart Moves to Grow Rich. Connect with Laura at and on Twitter @LauraAdams.

personal loan or balance transfer for consolidating debt

Personal loan or balance transfer: Which is better for consolidating debt?

Personal Loan Vs. Balance Transfer

If you’re suffocating under a mountain of debt, you might be wondering if consolidating debt could help your situation. Indeed, debt consolidation can be a great way to cut your interest expenses and reduce the number of bills you’re paying. It can also help you create a roadmap to get out of debt. But is a personal loan or balance transfer credit card better for debt consolidation? …

benefits of debt consolidation

3 big benefits of debt consolidation

Debt consolidation allows you to roll multiple account balances into a single debt. That leaves you with one big payment instead of multiple. The hope is that it will make your debt easier to manage, and help you to pay off your debt more quickly. But those are just a couple of the potential upsides. In fact, there are probably more benefits of debt consolidation than you realize. …

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