It sounds so much simpler, paying toward just one lower-interest credit card every month. It can also be cheaper if you find the right balance transfer deal. But none of this is guaranteed. If you don’t do your homework, you could get yourself into a tighter spot than you’re already in. Here’s what you need to ask yourself first.
Entries Tagged as 'Debt Consolidation'
Should I Consolidate My Credit Cards? 7 Questions to Ask Yourself First
March 29th, 2016 · No Comments · Debt Consolidation
What You Need To Know About Debt Consolidation Companies
February 11th, 2013 · 1 Comment · Debt Consolidation
When you’re drowning in debt, it can feel like you against the world. Thus, the appeal of enlisting the help of a debt consolidation company. Unfortunately, in more cases than not, they tend to do more harm than good.
Tags: collection calls·creditors·debt·debt consolidation·debt consolidation companies·negotiating with creditors
Beware of Loopholes in New FTC Rules for Debt Negotiation Companies
January 3rd, 2011 · 1 Comment · Debt Consolidation, Debt Settlement
If you’re trying to clean up your credit in the New Year, the last thing your bank account needs are expensive upfront fees to debt negotiation companies, especially since new FTC regulations make said upfront fees illegal.
Tags: credit·Credit Cards·debt negotiation·debt negotiation companies·Debt Settlement·debt settlement companies·FTC·FTC regulations
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About the Author, Kristy Welsh
Meet author and founder of Credit Info Center, Kristy Welsh. Credit repair expert Ms. Welsh is a regular contributor to our blog.