http://www.newhorizon.org/credit-info/is-debt-consolidation-a-good-or-a-bad-idea/ Information to help you improve your credit Fri, 13 Jan 2012 21:51:41 +0000 hourly 1 http://wordpress.org/?v= http://www.newhorizon.org/credit-info/is-debt-consolidation-a-good-or-a-bad-idea/comment-page-1/#comment-267 pinky12 Thu, 17 Dec 2009 07:55:00 +0000 #comment-267 It may be beneficial to transfer your higher rate balances to lower rate cards by taking advantage of balance transfer offers -- but only do this after you read all of the fine print in the offer. It may be beneficial to transfer your higher rate balances to lower rate cards by taking advantage of balance transfer offers — but only do this after you read all of the fine print in the offer.

]]> http://www.newhorizon.org/credit-info/is-debt-consolidation-a-good-or-a-bad-idea/comment-page-1/#comment-148 AlexaJ. Thu, 01 Jan 1970 00:00:00 +0000 #comment-148 You may not be able to get a loan but consider Credit conselling company that will conslidate your bills make one payment to them and inturn they will send partial payment to each of your creditors. usually when you join w/one of these companies they will be able to stop interest from building up any more. You may not be able to get a loan but consider Credit conselling company that will conslidate your bills make one payment to them and inturn they will send partial payment to each of your creditors. usually when you join w/one of these companies they will be able to stop interest from building up any more.

]]> http://www.newhorizon.org/credit-info/is-debt-consolidation-a-good-or-a-bad-idea/comment-page-1/#comment-153 FredCruz Thu, 01 Jan 1970 00:00:00 +0000 #comment-153 Debt consolidation is good as a *second* step in debt reduction. It *must* be preceded by the first step: rearranging your life completely such that you spend 90% of what you earn (either by cutting your spending or increasing your income or both). Otherwise, you debt will still continue to increase. Debt consolidation is good as a *second* step in debt reduction. It *must* be preceded by the first step: rearranging your life completely such that you spend 90% of what you earn (either by cutting your spending or increasing your income or both). Otherwise, you debt will still continue to increase.

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