We are already $38,000 in debt. Is buying a house out of reach?
Q: My partner and I want to buy our first home one day but between a few credit cards, a car loan, a sizable overdraft and three payday loans, we are carrying about $38,000 in debt.
We have started wondering if consolidating everything into one loan would make more sense than saving for a down payment right now.
How do we decide what comes first, or does consolidation change the answer? —Jordan Read More
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