Is Debt Consolidation the Best Way to Go and If So How Should I Go About It?
awise0204 asked:
Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.
Like I am in about $20,000 in debt and I was thinking about consolidating all of it into one monthly payment. If I do decide to do it, I really would like to know how everything will show up on my credit report after everything is said and done.
April 1st, 2009 at 5:58 pm
Pick your stiffest interest rate debt.. and concentrate on paying it off first.. all the while paying minimums on the rest.
Repeat the process until done
Seeking credit counseling can REALLY hurt your credit score…
April 3rd, 2009 at 10:25 am
If you are in debt you may consider a debt management program to consolidate debt,
There is a reputable website here, with a secure online form
April 3rd, 2009 at 7:38 pm
It is important that you know what your options are and what your goals are before choosing a debt consolidation program. Bills.com has all the debt consolidation resources you need to understand how debt consolidation can work for you and select the best option for you. They even have a Debt Consolidation Savings Center that can help you find debt consolidation providers.