|
Debt consolidation only works if one consolidates their bills and doesn't get any new ones. Unfortunately what some people do is take out a home equity loan to pay off their credit cards, and then run up the credit cards again.
There are some advantages to taking all one's bills and instead of mailing out 5 checks, mailing out one, if the sole focus is to GET OUT OF DEBT, this process makes it easier.
|
Threaded Mode