Do i need to work with a nonprofit debt consolidation company?

Answer On One Hand: No, You Don't Need toAccording to Dave Ramsey, financial adviser and author of "Total Money Makeover," most people don't need to work with a debt consolidation company at all. Accordin... Read More »

Top Q&A For: Do i need to work with a nonprofit debt consoli...

How to Choose a Debt Consolidation Company?

Debt consolidation companies are businesses that negotiate with your creditors to lower your credit account interest rates and/or balances. They then combine the remaining balances together and set... Read More »

Does debt consolidation work?

On One Hand: It Can WorkConsumers can use home-equity loans, cash-out refinancing, car refinancing or personal loans to consolidate their debts. Homeowners can use equity as collateral for a low-in... Read More »

Does debt consolidation really work and where do I start?

On One Hand: Consolidation PurposeThe purpose of debt consolidation is to reduce or eliminate debt. If you have poor credit, you may not qualify for a lower-interest unsecured loan. You can hire sp... Read More »

Do debt consolidation companies really work?

On One Hand: The Theory Is GoodDebt consolidation companies can work. The theory is that by knocking the interest rate down and lumping all the old debts together, the extra money saved from a lowe... Read More »