Debt Consolidation | Debt Hacker: Tools for a Debt-Free Life

Does Consolidating Debt Tank Your Credit Score?

Does debt consolidation tank your credit score, making your overall financial situation more bleak than it was in the first placed? Consolidation affects your credit for sure, but how?Well, the good news is that debt consolidation, or specifically debt management programs, do not hurt your credit score like they once did. In some programs, your [...] [...more]

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A Sound Debt Consolidation Loan Strategy

If one relies solely on the commercials on late-night television, one can easily become deluded into thinking that taking out a debt consolidation loan is an easy-as-pie, one telephone call process that will magically make all of your debt disappear. The fact is that to consolidate your debt in any debt settlement or debt management [...] [...more]

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How to Find a Reputable Debt Consolidation Service

If you are considering consolidating your debt, then you will want to choose a reputable company to help you in accomplishing your goal. When it comes to your hard earned money, nothing but the best service will do. The first place to begin your search for a reputable debt consolidation service is in your telephone books [...] [...more]

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Gotta Love Debt Prison

I found a website aptly titled ‘Debt Prison’. In an article titled 5 Ways To Get Out of Credit Card Debt, author Barry Broome takes a candid look at many of the options that people consider to get out of their credit card debt. Of particular interest is his detailing of how he got penalized [...] [...more]

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Sound Advice if You Are Considering Bankruptcy

If you are considering bankruptcy, you might want to check out a post titled Bankruptcy Vs Bankruptcy Alternatives on the Bankruptcy Lawyer’s Blog. In it, Paul Sarwana draws out differently scenarios for those who are facing bankruptcy and offers alternatives such as Personal Money Management Negotiation with Creditors Debts Consolidation Debt Settlement Service He points out that filing bankruptcy these [...] [...more]

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How Does Debt Consolidation Affect Your Credit Report?

An article in the American Chronicle examines how debt consolidation affects your credit score. This information is particularly good to know as many people often enter into debt consolidation arrangements in an attempt to systematically reduce their debt prior to applying for a major purchase like a home or auto loan. The bottom line…be prepared [...] [...more]

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