Debt consolidation better than bankruptcy

Hi teresaghill,

debt consolidation is a good option to repay your debts. Through a debt consolidation program you can restructure your debts under one loan amount. This reduces your total debt amount, eliminates financial charges and offers you easy monthly installments with lower rate of interest.

Thus you can become debt free within a short time. Moreover, once your accounts are started to be paid, your credit report reflects it. Thus debt consolidation also helps you to improve your credit score.

The merits of debt consolidation program are discussed here, have a look ???
http://www.debtconsolidationcare.com/benefits.html

Regards
Bryan

Bankruptcy has several drawbacks. It affects credit report badly and damages your financial credibility. Check the article-
http://www.debtconsolidationcare.com/avoid-bankruptcy.html

buddy

Hi

Compared to bankruptcy, debt consolidation is a better deal because it will erase all the past debts by reducing it and therefore eliminate it. debt consolidation program appears in the credit report with a positive view making your repayment process easier and your credit is viewed more favorably than before. Though bankruptcy can also erase all the past debts but it will stay as a negative remark in the credit report for as long as 10 years.

Few discussions have also taken place about each of these subjects in this forum. Please have a look at some of the best rated discussions:

http://www.debtconsolidationcare.com/forums/about279.html



Regards
Roxette