The advantages and disadvantages to consolidating debt High interest rates If you are already struggling to repay debt then it’s likely that your credit report will show this. It will outline all existing credi
If you did use a company, you would need to make sure that they know (but this is what you would pay them to already know!) which loans, if any, need to be consolidated. It is possible to make your situation worse by consolidating! Just like doing your taxes, it could make sense ...
Simply put, a HELOC is a second mortgage. That means that by getting one you are increasing the amount you owe on your home. This isn’t necessarily a bad thing, but it can become problematic in a volatile housing market. If the market was to go sideways locally or nationally, you cou...
We find ourselves at a moment where the financial and political systems that have dominated for decades are failing in a spectacular and irredeemable fashion. Those who pull the levers are (as usual) attempting to take advantage of the situation by rapaciously snatching and consolidating more wealt...