Should you pay your debt or use a debt consolidation program?

Answer On One Hand: Debt ConsolidationDebt consolidation involves taking out a loan that pays your existing debts, allowing you to focus on a single loan. Interest rates are often lower than credit card r... Read More »

Top Q&A For: Should you pay your debt or use a debt consolid...

Can a creditor sue you while you are in a debt consolidation program?

Credit counseling that involves debt consolidation does not guarantee that a creditor won't sue. However, a credit counseling service can go to bat for you. It can work out a satisfactory payment a... Read More »

What is a debt consolidation refinance program?

Debt consolidation refinance programs are programs that help people solve their debt problems through structured planning and execution. A major part of these programs involves making payment arran... Read More »

Is debt consolidation or debt relief a good idea?

On One Hand: Reduce or Minimize Your BillsDebt relief and debt consolidation programs offer to reduce monthly bills, or eliminate certain debts completely. Total Debt Relief is one company that mak... Read More »

Will a debt Debt Consolidation pay off your child support?

No. They won't pay off anything. They just contact your credit card companies and ask them to reduce your interest rates. They combine all of the credit card debts together, add up how much the tot... Read More »