Start Consolidating credit dmcc poor

Consolidating credit dmcc poor

But let’s be honest: Your interest rate isn’t the main problem. This specifically applies to consolidating debt through credit card balance transfers.

Debt settlement is a scam, and any debt relief company that charges you before they actually settle or reduce your debt is in violation of the Federal Trade Commission.

When you consolidate your debts or work with a debt settlement company, you’ll only treat the symptoms of your money problems and never get to the core of why you have issues in the first place.

Dave says, "Personal finance is 80% behavior and only 20% head knowledge." Even though your choices landed you in a pile of debt, you have the power to work your way out! The solution isn’t a quick fix, and it won’t come in the form of a better interest rate, another loan, or debt settlement.

The solution requires you to roll up your sleeves, make a plan for your money, and take action!

In fact, you end up paying more and staying in debt longer because of so-called consolidation.

Get the facts before you consolidate or work with a settlement company.

Two words for you: , although often the terms are used interchangeably.