Debt consolidation is a lot of people who are in over their head. Does this sound familiar to you?Maybe you’re a friend of someone with this position.
Call your creditors and ask if you can negotiate lower interest. You may by able to get a discount on how much you have to pay from your creditors. This can actually help your credit score.
Get a copy of your credit report before you decide about debt consolidation journey. The first step to fix your debt elimination is understanding its origins. Know exactly how much you’re in debt and where that money needs to go. You can’t fix your finances if you aren’t aware of this.
Consider the long term … Read the rest