Credit card debt consolidation: Is debt consolidation good?
Posted on February 22nd, 2011 by Abby Gloucester
Although “good” is a subjective term, we can clarify positives and negatives related to using debt consolidation as a method for debt management. Debt consolidation functions in a manner similar to refinancing a home mortgage; you’re trading one or more debts for a single new debt, typically one offering lower finance charges. Potential benefits associated with [...]