Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Debt consolidation - is not the debt relief you want
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February 08, 2006
Debt consolidation - is not the debt relief you want
Debt consolidation is not going to lead to debt relief in majority of cases - "there are only two ways to get a lower payment - either lower the interest rate or lengthen the term of the debt. So, you stay in debt just as long or even longer."
I couldn't say it any better, this is the real debt relief.
Posted in Debt Relief at February 8, 2006 11:20 AM
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Bad Credit Advisor online magazine provides daily news about credit, debt and mortgage. We aren't paid to mention specific deals or products. We cover what we think is interesting as industry professionals ourselves.
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