Is debt consolidation good or bad?
Date: Thu, 02/18/2010 - 00:40
Debt consolidation loans might be helpful, but be aware that when you have debt problems to begin with, you might not qualify for low enough interest rates. So if you choose to go this route, be sure to do all the math: Figure out whether the consolidation loan actually will reduce your overall payments - including the total interest you'll be paying for the life of your loan.
i really want to get in good with this site with my upcoming set
i really want to get in good with this site with my upcoming settlement program and my knowledge, so that being said.
with a debt consolidation program you will pay back your full amount owed plus fees. they negotiate your percentage rate and factor in fees in a long term process.
given you will only pay one payment as apposed to how many payments you have. they will give a certain creditor enough each month to get you out of debt.
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