Sawin & Shea
MARCH 6, 2024
Two of the most common options for dealing with unmanageable debt are filing for bankruptcy and pursuing debt consolidation. Bankruptcy and debt consolidation are distinct solutions, each with advantages and potential drawbacks. However, it’s important to remember that this does not eliminate debt.
Sawin & Shea
JANUARY 24, 2024
When you are overwhelmed by debt, you may start to wonder if declaring bankruptcy or pursuing debt consolidation is the better option. Understanding the key aspects of each can help you determine what is better, bankruptcy or debt consolidation, for your situation. The court reviews your finances to prevent fraud.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Better Credit Blog
MAY 4, 2022
Debt consolidation is when you bundle several debts together into one larger sum and then make a single monthly repayment instead of multiple smaller ones. Consolidating debts with different interest rates and repayment schedules can make it easier to manage your finances. Debt Consolidation Guide.
Credit Corp
MARCH 4, 2021
Since the COVID-19 pandemic, a sharp spike in unemployment levels has prompted talk of an emerging debt crisis in the US. As Coronavirus began to take hold, household debt in the US peaked at over $14 trillion, mostly consisting of mortgages and student loans, alongside credit card debts. Image: GPF ).
Credit Corp
JULY 25, 2023
Here are some common types of loans you can typically pay with a credit card: Personal loans: These unsecured loans can often be paid with a credit card, allowing you to consolidate debt or manage your monthly payments conveniently. Can You Pay a Student Loan with a Credit Card?
Credit Corp
JANUARY 7, 2021
. >> Try these debt management apps. Go for Debt Consolidation. If you want to lose the plastic altogether, think about applying for a debt consolidation loan. Go for a loan with a low interest. Then, avoid putting any more money on credit cards until you’ve paid off most of the consolidation loan. .
Credit Corp
MARCH 16, 2021
And, if you have both student loans, and credit card debt, it may feel like a debt spiral. And as far as your debts are concerned, there are ways to reduce or pay them off with a well-conceived strategy. Opt for Debt Consolidation. There are three types of debt consolidation.
Expert insights. Personalized for you.
52 
Let's personalize your content