Why Debt consolidation is a bad idea? – Best Deal Right Now?
Should I Consolidate My Debt? | Avoiding Bad Debt Consolidation Loans
Ever researched how to pay off debt fast and been told to use a credit card for debt consolidation. It sounds like just more credit card debt and it is! But if you understand what is debt consolidation and how debt consolidation works, you can easily get debt free while avoiding bad debt consolidation loans. No more student loans or credit card loans – just a soon-to-be debt free life. We’re walking through how to protect yourself from bad debt consolidation loans so you can pay off debt.
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Today, we used the Debt Reduction Calculator from Vertex42 to calculate the total interest paid with the debt snowball in our scenario: https://www.vertex42.com/Calculators/debt-reduction-calculator.html
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