When Is The Right Time To Consolidate My Debt?
Are you are drowning in debt? Have you tried to get a lower rate from your credit card company but got shot down? When you read your credit card statement, do you feel like you work for your creditors?
If you answered yes to any of the above, it’s probably a good time to think about debt consolidation. You may not think so but you have options – more than you may realize.
Will I Save Money If I Take Out A Debt Consolidation Loan?
Consolidating your credit cards into one new loan with a single payment can usually lower your interest rate and free up your credit cards for emergencies. Debt consolidation loans have become very popular over the last few years. Just take a look at the debt consolidation comparison chart below and draw your own conclusion.
What Is A Debt Settlement Program?
Debt settlement companies employ professional negotiators that attempt to negotiate deals with your creditors for less than you owe. The goal is to be 100% debt free after a few years. Debt settlement does has negative affect on your credit score but it can keep you from filing bankruptcy.
How Did You Choose The Companies On The Debt Consolidation Chart Below?
The debt consolidation industry is highly fragmented and very competitive. Interest rates are low and companies are ready to compete for your business. We performed our own historical and financial analysis on each company. We continue to monitor the reputation and ratings from organizations like the Better Business Bureau. We also aggregated customer reviews from around the web to increase the sampling size. The companies included on the chart all scored very well and use different techniques to help you consolidate your debt. We advise you to reach out to several companies and make them earn your business.[go_pricing id=”debtconsol2_59937e5b9eef4″]