Does debt consolidation really work and where do I start?

Answer 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 »

Top Q&A For: Does debt consolidation really work and where d...

How much does it cost to start debt consolidation?

The cost to start a debt-consolidation program varies based on many factors, including how much debt you have, how quickly you want to pay off the debt and what company you choose to work with.Refe... 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 »

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 »

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

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 »