by Debt Consolidation Blog | Sep 28, 2023 | Blog
Debt review loans are a form of debt consolidation, whereby a debt counsellor will combine your outstanding debts into one monthly payment. This will be payable to your creditors as per an agreed plan and is a great option for people who struggle to keep up with their...
by Debt Consolidation Blog | Sep 21, 2023 | Blog
Whether debt consolidation makes sense for you depends on your specific financial situation, including how much you owe and how you manage your credit. The main goal is to reduce your total monthly payment by lowering or eliminating fees and paying off your debts...
by Debt Consolidation Blog | Sep 14, 2023 | Blog
A debt consolidation plan involves taking all your unsecured debts (debt not secured by collateral, such as credit cards and personal loans) and rolling them into one lump sum with a single monthly payment and possibly a lower interest rate. This can reduce your total...
by Debt Consolidation Blog | Jul 28, 2023 | Blog
Many people never expect to find themselves in debt, but circumstances beyond a person’s control can sometimes result in them falling behind on their payments. When this happens, their creditors may choose to pass the debt on to a collection agency to try to recover...
by Debt Consolidation Blog | Jul 20, 2023 | Blog
If you have fallen behind on your debt payments, there are ways to get back on track. But if you don’t, you could be confronted by a collection agency that seeks to collect on the debt. There are more than 7,000 third-party debt collectors operating in the United...
by Debt Consolidation Blog | Jul 13, 2023 | Blog
A debt consolidation loan rolls multiple balances into a single, new one that typically has a lower interest rate than those on your existing debt. It also comes with a set repayment schedule, which can help keep you motivated to pay it off. However, it can backfire...
by Debt Consolidation Blog | Jul 7, 2023 | Blog
A debt consolidation loan turns multiple debt payments into a single monthly payment. The goal is to pay off the loan and reduce or eliminate your debt balances. While this method may seem like a quick fix, it’s important to consider how consolidating loans can...
by Debt Consolidation Blog | Jun 29, 2023 | Blog
If you are over-indebted, it is likely that your debt will be causing you stress and you may be wishing for relief. One option to consider is debt review – or debt counselling – which is an agreement between you and your creditors that you will pay a...
by Debt Consolidation Blog | May 25, 2023 | Blog
Debt review loans have been a topic of much debate in the finance industry. There are many reputable lenders that offer loans to people under debt review and in some cases, it may be easier to obtain a loan whilst under debt review than you think. The purpose of debt...
by Debt Consolidation Blog | May 18, 2023 | Blog
Debt consolidation is a debt relief option that combines multiple debts into one, typically with a lower interest rate and monthly payment. The goal is to reduce your overall debt payments and help you pay off your debts faster. Debt-consolidation benefits include...
