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Fact: Should You Never Pay a Debt Collection Agency?
Have you ever heard the phrase that debt is money? Debt collection agencies take that phrase to a whole new level! As of 2022, the debt collection industry is worth a whopping $15 billion, and the pandemic reportedly didn’t hinder the market … [Read More..]
Is Debt Consolidation a Good Idea: Pros and Cons
Debt consolidation combines multiple debts into one single loan, typically resulting in a lower interest rate and monthly payment. A debt consolidation loan (DCL) provides the dual benefits of streamlining the repayment process while simultaneously lowering interest expense and the total amount … [Read More..]
First Time Home Buyers Guide to Debt Consolidation
5 Best Budget App (Free and Paid)
Recent estimates suggest that the average American household spends about $5,100 on expenses every month. Unless you’ve continued to maintain a stable income throughout this tumultuous economic period since the pandemic, you’ve likely had to reevaluate your spending, expenses, and overall budget. … [Read More..]
Do Debt Consolidation Loans Hurt Your Credit
Debt consolidation combines multiple debts into one single loan, typically resulting in a lower interest rate and lower monthly payment. The resulting lower monthly payment frees up cash for day-to-day living expenses while alleviating stress and reducing the need to rely further … [Read More..]