Key TakeawaysA debt consolidation plan often fails due to poor financial discipline, not the structure itself.Misuse or misunderstanding of an EMI personal loan calculator leads to unrealistic expectations.Hidden costs, such as fees and extended tenures, can erode expected savings.Behavioural habits, including continued borrowing, undermine consolidation efforts.Lack of contingency planning leaves borrowers exposed to income disruptions.IntroductionA debt consolidation plan is often ...
