Wrapping your debt comes with a raft of finincial benefits. It can however also help relive you of some of the stress that comes with managing multiple debts and accounts.
You can do this by completing a balance transfer, tapping into your home equity or taking out a debt consolidation loan.
Debt consolidation combines all your outstanding credit debts into one loan or a singular monthly payment.
There is no set amount of debt as lenders don’t have this requirement.