Comments on: Should I Do a Debt Consolidation Loan?

By: finance advice

finance advice — Thu, 11 Feb 2010 16:02:57 +0000

The only advantage to a debt consolidation loan is you are able to see the extent of the debts you accumulated in one place, but then again that can be a bad thing. With debt consolidation loans the interest rate cannot be helpful as the interest rate on a large loan means that you are paying more rather than having the smaller payments with ht not so bad rates.
finance advice´s last blog ..How To Save Money On Your Mortgage

By: Student Debt Consolidation Loans Advice | Financial Independence in Your 20s | Studenomics

Mon, 31 Aug 2009 16:11:48 +0000

[...] Smart debt consolidation will allow you have some breathing room while you search for the perfect job. However, if you are making your student debt payments every month without any worry then debt consolidation is not ideal for you. Consolidating student loans is ideal for those that are struggling to make their monthly payments and losing sleep over the issue. If you have a steady income and you are fairly aggressive with your student debt repayment then you should continue on this track instead of consolidating your student loans. Further reading on if you should do a debt consolidation loan. [...]

By: -> Should I Do A Debt Consolidation Loan? Important Things To Consider Before You Do. | Bible Money Matters

Mon, 10 Aug 2009 15:26:08 +0000

[...] about debt consolidation until now is because in most instances I’m not a big fan of doing debt consolidation. Many of the debt consolidation companies that you’ll find out there really aren’t [...]

By: Prudent Money Carnival August 3, 2009 Edition | Bob Brooks - Prudent Money Blog

Mon, 03 Aug 2009 14:54:19 +0000

[...] Rose presents Should I Do a Debt Consolidation Loan? posted at Jeff [...]

By: Are Debt Consolidation Loans a Good or Bad Idea?

Are Debt Consolidation Loans a Good or Bad Idea? — Thu, 30 Jul 2009 04:02:25 +0000

[...] I generally don’t recommend debt consolidation loans, I admit that there are times when such a loan can help. For example, if you have lost your job and [...]

By: Patrick

Patrick — Sun, 05 Jul 2009 01:49:58 +0000

I have to say I agree – why pay for something you can do yourself much more effectively and without the added cost or potential mark against your credit? It just doesn’t pan out.
Patrick´s last blog ..Beware of Cash For Clunkers Scams

By: Should You Pay a Debt Consolidation Company?

Should You Pay a Debt Consolidation Company? — Sun, 05 Jul 2009 01:49:05 +0000

[...] If you determine you still need a debt consolidation, then there are many options. But be sure to read the small print concerning how much you will be paying – not only per month, but in total interest. Sometimes the debt consolidation loans will lower your payments to an easy payment, but stretch your payments out several years. Also make sure you understand which fees you are paying them. Here are more reasons you should not pay for debt consolidation. [...]

By: nil2million.com

nil2million.com — Sat, 04 Jul 2009 19:19:44 +0000

Carnival of Everything About Personal Finance – 4th Edition…

Welcome to the 4th Edition of Everything About Personal Finance. In this carnival, like you’ll find a collection of fresh articles on topics of make money online, career, credit card, debt management, frugal living, insurance, investment, saving…

By: Carnival of Debt Reduction » Four Pillars has posted this week’s Carnival

Wed, 24 Jun 2009 05:10:21 +0000

[...] Jeff Rose talks about debt consolidation loans. [...]

By: Mr. Debt

Mr. Debt — Wed, 17 Jun 2009 16:35:11 +0000

There are many credit counseling and debt consolidation firms out there. Some are better than others. It is important that you do your homework before calling these firms so you know what to ask. If you have access to a trusted financial advisor or Attorney, talk to them first.