Debt Consolidation

If you’re juggling so many credit card and loan payments each month that you can only afford to make the minimum payments, it’s time to consider debt consolidation. But what is it, and how does it work? Key points How debt consolidation works Debt consolidation rolls your old debt into one new loan. There are […]

The debt-to-income ratio (DTI) is a metric lenders use that compares your total monthly debt payments to your gross monthly income. It measures your ability to manage your existing debt obligations compared to your income.  It is also usually a critical factor in determining whether you can borrow more money.  Calculating your debt-to-income ratio is

Are you struggling to find enough cash each month to make the minimum payments on all your credit card bills? Debt consolidation may be the solution you need. Here are seven reasons why you should consider it. Key points Seven times you should consolidate debt There are plenty of reasons to consider debt consolidation. Here are

If you are over your head with money struggles, debt consolidation can be a great way to get out of debt and avoid legal action from creditors. It involves combining multiple debts into one, making it easier to manage and pay off. But will it stop a lawsuit? Are you eligible for debt relief? We

Have you got a lot of debt? It can be challenging to keep track of payments and balances on outstanding debts between credit cards, student loans, and auto loans. Debt consolidation can be a great way to get your debts under control. But if you’re wondering whether you can keep your credit card accounts open

Debt consolidation rolls your unsecured debts into one bigger loan with a lower interest rate. But will it work for you?  Before jumping in and applying for loans, it’s essential to consider debt consolidation’s potential benefits and drawbacks. Pros and cons of consolidating your debts Before jumping in and applying for loans, it’s essential to

Debt consolidation can lower your monthly payments, but will it also lower your credit score? Well… it depends. Why does debt consolidation affect your credit score? In some cases, debt consolidation will get you a better interest rate, simplify your paydown process, and put you on the fast track to being debt-free. But in others,

Personal loans and balance transfer credit cards can both be effective and low-cost ways to consolidate high-interest debt. But which works best? It will depend on several factors. Key points Should I get a personal loan or a balance transfer credit card? If you’re struggling with debt, both of these are good options. There are

Americans have a lot of credit card debt — $986 billion, to be precise. According to a recent survey, 57% have missed at least one payment and nearly half are using credit cards to pay essential bills. If you’re struggling to make multiple minimum payments each month, debt consolidation could solve your financial worries. Here’s

Soaring prices and rising interest rates have left tens of millions of Americans struggling with debt, particularly high-interest credit card debt. Debt consolidation can be an effective solution, and there are unique options available for veterans. Are you eligible for debt consolidation? We may be able to help. It’s easy and free to find out.