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Why debt consolidation doesn't work 7 Articles

  • 1 of 7

    by Jennifer Kennedy

    In my opinion debt management companies don't always work, although I am basing this on my own personal experience. At the beginning of last year I found myself in quite a bit of debt, totalling around 2000 pound to be ex...read more

  • 2 of 7

    by Warwick Reed

    Debt consolidation is to a person with financial difficulty like liposuction is to a fat person. Dangerous without planning about what comes next. Don't get me wrong, I think there are situations where debt consolidatio...read more

  • 3 of 7

    by Christina Johnson

    I worked for several different not for profit debt consolidation agencies and it does work, however it is not instant. People have a tendency to wait until they are so far in the hole that they can not climb out on their ...read more

  • 4 of 7

    by Carolyn Teasley

    Why Debt Consolidation Doesn't Always Work What is debt consolidation? It is when you add up all your personal debt including credit card debt, unpaid medical bills and outstanding loans. You can chose to pay them all...read more

  • 5 of 7

    by Matthew Paulson

    You've probably seen the commercials, whether it be on TV or the Radio. A man in a nice suit tells you how he can "pay off" all of your debts. He will tell you about how he can get rid of your multiple high interest paymen...read more

  • 6 of 7

    by Simon Wright

    Debt consolidation does work, but only as a short-term tactic to enable you to move towards a debt free financial position. The idea behind debt consolidation is that where you have debt in more than 1 loan (or credit ...read more

  • 7 of 7

    by ARC IDEA CO

    After a few years of work, you applied for a credit card, which you got it the following month. You are extremely excited and went on spending like there is no tomorrow. You involved yourself into equity speculation and yo...read more

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