Bankruptcy or Debt Settlement
You may have seen or heard commercials on the TV or radio touting debt consolidation through one of many for profit companies as a desirable alternative to filing for bankruptcy. However, what these companies will not tell you, is that there are many advantages to filing bankruptcy compared to using a debt consolidation company that you…
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Using Line of Credit to Pay Off Debt
Consolidating debt can definitely be a good strategy. The obvious advantage of consolidating your debt is that you reduce the interest you are paying. Therefore using your line of credit to consolidate your high interest credit card debt will definitely improve your situation and may help you to dig yourself out of debt on your own. There are two…
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How To Consolidate Your Debt
With debt consolidation, you combine your debts or take out a loan and pay them off, leaving you with one monthly payment. Consolidating debt is a great way to help eliminate it. This not only helps you save money on interest and pay off your debts faster, but only making one payment a month can help…
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