financialDebt Consolidation
#RI-69a84030·about 2 months ago·
1
“Taking out a $20,000 loan at 19.44% interest”
What Actually Happened
I'm still paying off the loan with high interest
What I wish I knew
"Consolidation loans often come with higher interest rates"
Advice to Someone Facing This Now
If I could tell you one thing
"Research alternative debt consolidation options before taking a loan"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
43%
of financial decisions land in the severe band the same as this one.
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