FinanceDebt Consolidation
#RI-69a84030·4 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.
Finance Category
2,949
Finance decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
36%
of Finance decisions land in the severe band the same as this one.
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