The creator uses a vulnerable, relatable 'confession' style to build trust, then provides a transparent, step-by-step financial breakdown that makes the product feel like a helpful, logical solution rather than a sales pitch.
Summary
The creator explains how she and her husband used a personal loan from SoFi to consolidate their existing credit card debt. She details the loan terms, explains why they chose their specific plan, and offers a referral link for viewers to check their own eligibility.
Structure
1Introduction to debt consolidation
2Mentioning SoFi as the lender
3Breakdown of the $34,000 loan usage
4Comparison of loan tiers and interest rates
5Explanation of the referral offer
6Personal advice on cutting up credit cards
Original caption
This is my opinion 😂 not financial advice. But maybe it will help #debtconsolidation #debt #debtpayoff #PersonalFinance #financialfreedom
More from @limsy531
Their other posts in the index, biggest breakout first.
Product placement
The creator explicitly mentions using SoFi for a personal loan to consolidate debt.
Call to action
I have a link in my bio. And if you get approved and you actually fund the loan, you'll get $300.
On-screen text
My name is Limsey
and I'm here to confess my debts.
We got another consolidation loan.
Some of y'all were super heated about it before
like, so,
you should never get a consolidation loan.
It's evil.
Well,
sorry.
So we got a personal loan.
It's not necessarily a consolidation loan.
It's a personal loan
that we're using for consolidation through SoFi.
Shameless plug. I love SoFi.
The loan was for $34,000.
We used it to pay off my Apple Card
my Amex card
to pay off my husband's Discover card that had $300
on it that he didn't tell me about when I started all this
And my previous consolidation loan.
So a lot of you are gonna be interested in
the APR,
the monthly payments,
stuff like that.
So, he got approved for $51,000.
And there was three tiers.
So the first one was the shortest loan.
It was like two years
and it had like a 6% interest rate
but the payments were too high for us.
Okay, so then the second one
it was for five years at a 10.75% interest rate.
And the payments were exactly the amount that we already pay
on all the things that we just paid off.
It wasn't for the $51,000
mind you. This is for $34,000.
He got approved for $51,000,
but I'm talking about for $34,000.
And then there was a 7 year one,
but the interest rate was like 12%.
The payments were really low.
Ha ha ha. Crazy low.
But I didn't wanna pay that much interest.
So either way for us, this is a better option because
the payments are the same
but the interest rate for all of it is lower. 10%.
Well, it's 10.75%.
It did give us the option
to have a lower APR.
You would have to pay an origination fee.
Like, hey,
we started this loan, we're taking $2,000 of it.
But honestly, I'm planning on paying it off super fast
like hopefully in the next like 14 months.
So I didn't wanna pay an origination fee just to have a lower
interest rate.
But if you're interested in finding out what you would qualify for,
I have a link in my bio. And if you get approved and
you actually fund the loan,
you'll get $300.
So don't go sleep with that money.
Go hit that link. But if you do it,
please cut up your credit cards.
Go watch all my other videos.
Don't be like me, okay?
Don't have a spending problem like me.
I'm, I'm bad.
I actually don't have any credit cards anymore.
My husband actually took the only credit card that I didn't cut up
and he said you're not allowed to use this
and I have no idea where it is
and it's actually itching my brain.
Like, I need to cut it up.
Like I'm like, where is it, where is it?
I wanna use it. I wanna use it.
Like, and not for bad things, but like I'm like, what if I wanna go get gas?
What if I want to swipe my card for gas?
Too bad, Limsey,
you get to use the debit card, okay?
Cause you suck.
That's me, okay?
So if you suck like me,
just cut up the credit cards,
go get yourself a personal loan,
consolidate.
My credit score is gonna jump so much.
I've done this before. This is not my first rodeo
paying off debt, okay?
But,
um,
it's gonna be great, alright?
So don't sleep on the money.
Go get you some.
And don't,
don't get more than you need.
Do you understand?
Follow along for more tips.
Transcript
My name is Limsey and I'm here to confess my debts. We got another consolidation loan. Some of y'all were super heated about it before like, so, you should never get a consolidation loan. It's evil. Well, sorry. So we got a personal loan. It's not necessarily a consolidation loan. It's a personal loan that we're using for consolidation through SoFi. Shameless plug. I love SoFi. The loan was for $34,000. We used it to pay off my Apple Card, my Amex card, to pay off my husband's Discover card that had $300 on it that he didn't tell me about when I started all this, and my previous consolidation loan. So a lot of you are gonna be interested in the APR, the monthly payments, stuff like that. So, he got approved for $51,000. And there was three tiers. So the first one was the shortest loan, it was like two years, and it had like a 6% interest rate, but the payments were too high for us. Okay, so then the second one, it was for five years at a 10.75% interest rate, and the payments were exactly the amount that we already pay on all the things that we just paid off. It wasn't for the $51,000 mind you. This is for $34,000. He got approved for $51,000, but I'm talking about for $34,000. And then there was a 7 year one, but the interest rate was like 12%. The payments were really low. Ha ha ha. Crazy low. But I didn't wanna pay that much interest. So either way for us, this is a better option because the payments are the same but the interest rate for all of it is lower. 10%. Well, it's 10.75%. It did give us the option to have a lower APR. You would have to pay an origination fee. Like, hey, we started this loan, we're taking $2,000 of it. But honestly, I'm planning on paying it off super fast, like hopefully in the next like 14 months. So I didn't wanna pay an origination fee just to have a lower interest rate. But if you're interested in finding out what you would qualify for, I have a link in my bio. And if you get approved and you actually fund the loan, you'll get $300. So don't go sleep with that money. Go hit that link. But if you do it, please cut up your credit cards. Go watch all my other videos. Don't be like me, okay? Don't have a spending problem like me. I'm, I'm bad. I actually don't have any credit cards anymore. My husband actually took the only credit card that I didn't cut up and he said you're not allowed to use this and I have no idea where it is and it's actually itching my brain. Like, I need to cut it up. Like I'm like, where is it, where is it? I wanna use it. I wanna use it. Like, and not for bad things, but like I'm like, what if I wanna go get gas? What if I want to swipe my card for gas? Too bad, Limsey, you get to use the debit card, okay? Cause you suck. That's me, okay? So if you suck like me, just cut up the credit cards, go get yourself a personal loan, consolidate. My credit score is gonna jump so much. I've done this before. This is not my first rodeo paying off debt, okay? But, um, it's gonna be great, alright? So don't sleep on the money. Go get you some. And don't, don't get more than you need. Do you understand? Follow along for more tips.
