This is the number one mistake people make when they consolidate.
Instead of balancing their budget so they can live without any reliance on credit, debtors who don’t use consolidation correctly continue to use their credit cards in order to get by every month.
You can lower your interest rates and your monthly payments, meaning you can get out of debt faster even though you pay less each month because you’re managing and eliminating the debt more efficiently.
However, consolidation is not a foolproof solution.
If you’re thinking of consolidating credit card debt and you need an expert opinion to make sure it’s the right choice for you, we can help.
Call Consolidated Credit today at or complete an online application to request a confidential debt and budget analysis from a certified credit counselor at no charge.
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months to get rid of your debt, and you will pay about in interest.
Making your payments on time every time is the most important factor in your creditworthiness.
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