How Could Debt Consolidation Affect Your Credit?

debt consolidation

Having multiple credit cards and loans with different balances and due dates can become overwhelming. If you’ve been thinking about consolidating your debt, you might wonder how the decision may impact your credit. Any new loan could impact your credit score, but whether it is right for you—for the short and long term—depends on your […]

A Personal Loan for Debt Consolidation: 7 Things to Consider

A Personal Loan for Debt Consolidation

If you carry balances on numerous credit cards or have other outstanding unsecured loans you pay monthly, you may have thought about combining them so you only have one payment each month; this is known as debt consolidation. Specifically, debt consolidation is when you take out a new loan to pay off all or some […]

Your Comprehensive Guide to Debt Consolidation Loans

If you live in America, there’s a good chance you have some debt. Whether you have a few credit cards or several student loans, it’s hard to escape the world of debt. However, debt consolidation loans may be way you can better manage your debt. Not every debt consolidation loan is the same, though. Before […]

What is debt-to-income ratio?

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Debt-to-income ratio (DTI) What is debt-to-income ratio and why is it important? These are all great questions and in this article we will do our best to answer them. Your debt-to-income ratio, also known as DTI, is a measure of how much debt you have compared to your income.  “Your DTI is one way lenders […]

Loans for debt consolidation-How It May Benefit You

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If you are feeling overwhelmed with bills each month, loans for debt consolidation may be the right choice for you. So, what exactly is a debt consolidation loan? A debt consolidation loan combines several loans or liabilities into one loan. The process involves taking out a new loan to pay off other debts. If you are […]