Debt Consolidation: 5 Facts and 5 Fibs

The concept of debt consolidation often confuse people unfamiliar with it. To clear the air, it’s important to start with the truth. The most obvious facts about debt consolidation are: Your debts are consolidated into one sum. You have only one bill to pay. ...

Debt is Cyclical

It was just the other day that I was reading about a friend of mine’s debt. He was talking about the upcoming expenses that he is likely to incur and how he is going to prepare for them, one of which was his monthly car payment. He is currently paying two car...

Prioritizing Your Debt Pay Off

If you have multiple forms of debt, as most Americans do these days, you may be looking for a way to get out of debt. Paying off debt is no easy task. It can be an emotionally draining task. One of the best ways to do this is to set up a plan, with concrete goals...