Best companies for consolidating debt
An error on any of your credit reports could prevent you from qualifying for the debt consolidation help you need, so .
You can get your free annual credit report from each of the three major credit reporting agencies — Trans Union, Equifax and Experian.
It’s typically considered for people who have high consumer debt.
Truth: Debt consolidation is dangerous because it only treats the symptom.
Debt consolidation is nothing more than a con because you think you're starting with a clean slate.
But most of the time, after someone consolidates their debt, the debt grows back. They still don’t have a game plan to pay cash and spend less.
They also probably haven’t saved for all of the “unexpected events,” which will eventually become debt too.