by Debt Consolidation Blog | May 12, 2023 | Blog
A debt consolidation plan is a strategy that involves taking out a new loan to pay off credit card and other balances with higher interest rates. The goal is to reduce your cumulative interest payments and simplify budgeting by paying off the debt in a shorter...
by Debt Consolidation Blog | May 4, 2023 | Blog
Debt collectors are third-party companies that collect money from people on credit cards, auto loans, mortgages and other types of debt. They are also called collection agencies, debt buyers or debt servicers. The Fair Debt Collection Practices Act defines a debt...
by Debt Consolidation Blog | Apr 27, 2023 | Blog
Debt collection is the process of trying to recover debts that have gone unpaid. This includes credit card balances, telephone bills, utility payments and back taxes. The creditor or lender may turn the debt over to a collections agency, or sell it off for less than...
by Debt Consolidation Blog | Apr 21, 2023 | Blog
A debt consolidation loan is a loan that helps you pay off multiple high-interest loans. It often offers lower interest rates than many credit cards, which can save you money on the overall cost of the loan. Debt consolidation may also help you simplify your monthly...
by Debt Consolidation Blog | Apr 13, 2023 | Blog
If you’re struggling to manage multiple debts, a consolidation loan could be a good way to lower your payments and make it easier to keep up with repayments. But don’t assume that it’s the only solution for your financial problems – there are other options that may be...
