Case Study: First of all, you need to decide if debt consolidation is right for you. If you have more than two credit cards with high balances, are more than a month or two behind on any debt payment, or regularly bounce checks, you should consolidate debt to help improve your financial picture. The following […]
Feeling overwhelmed in debt can cause depression, a feeling of helplessness, as well as affect your family and everyday life. The main purpose of debt consolidation is to help you regain control over your life, finances and avoid having to file bankruptcy. Benefits of consolidating debts 1. Lower your interest rates and monthly payments. 2. […]
Debt Management Debt management is the process of monitoring, analyzing and adjusting your personal cash flow which take into account of your current debt, monthly income, and cost of living expenditures in order to generate a realistic, long-term repayment plan. Debt management plans also involve working with creditors to find the best solution possible. This […]
