Debt consolidation - what is it, how does it work and is it the right option for you? Today we unpack the pros and the cons of this method of debt management, including the impact it can have on your credit score.

If you need extra help figuring out if debt consolidation is right for you, chat to our friends The National Debt Helpline - 1800 007 007.

The advice shared on She’s on The Money is general in nature and does not consider your individual circumstances. She’s on The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. Victoria Devine is an Authorised Representative of Australia Pacific Funds Management Proprietary Limited ABN 34 132 463 257 - AFSL 339151.

See omnystudio.com/listener for privacy information.