What is the best and easiest way for debt consolidation?
@ March 23, 2008 # 3 Comments
ticktock asked:
A while back, I got a line of credit to pay off other loans with higher interest rates. It has helped a great deal, until now. All of a sudden, we have more bills. I feel like I’m over-loaded with bills, bills, and more bills lately. Is there another type of loan with [...]
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what are the negative remifications of a debt consolidation loan?
@ January 27, 2008 # 2 Comments
cosi asked: i want to consolidate my debt but am concerned with how negatively its affects are on my credit. can i pay on a consolidated debt at a significantly lower interest rate than now(im averaging +20%!)? if so, will that outweigh the side-effects?Caffeinated Content
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If you use one of those debt consolidation programs, does it affect your credit score?
@ January 23, 2008 # 8 Comments
sadlymistaken asked: You know where you call and they stick all your debt all together and then lower your interest rate so you can pay it off faster. Does that stay on your credit report, like filing bankruptcy?Create a video blog…instantly.
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