All articles tagged Consolidation (7)

Golden Financial Services Works with Consumers to Settle Delinquent Credit Card Debt and Give Them a Fresh Start

Golden Financial Services Works with Consumers to Settle Delinquent Credit Card Debt and Give Them a Fresh Start

In a Nutshell: Credit card debt can build up fast — especially when life deals out unexpected expenses or emergencies. While credit cards often set low minimum monthly payments, those installments can keep debt building for years or decades longer than consumers expect. Golden Financial Services works with clients who are behind on their credit card payments to consolidate or settle on the amount owed so they pay more affordable installments. For consumers who have debts in... read more »

Think You’ll Never Pay Off All Your Debts? How a Consolidation Loan May Help

Think You’ll Never Pay Off All Your Debts? How a Consolidation Loan May Help

In a Nutshell: Carrying debt over multiple loans or credit cards can get expensive. Borrowers who make minimum payments to several creditors every month can spend thousands of extra dollars in interest payments over the life of each loan. If you’re struggling to get ahead of your monthly commitments to multiple lenders, consolidation may help by rolling all of those debts into one loan with a single monthly payment. Since 2014, FreedomPlus has extended more than $1 billion in loans... read more »

8 Best Cards & Loans to Consolidate Credit Card Debt

8 Best Cards & Loans to Consolidate Credit Card Debt

With interest rates on the rise thanks to an improving economy, many may be thinking about reducing their debts. While debt consolidation may not be the solution for everyone, it can be effective for many consumers as a way to reduce interest and simplify their finances. Consolidating credit card debt with a balance transfer credit card or a personal loan can be the ticket to getting your debt under control, but it can also be a path to even more financial trouble. The key to... read more »

9 Best Debt Consolidation Loans & Credit Cards in 2018

9 Best Debt Consolidation Loans & Credit Cards in 2018

Many of the most successful chess players plan their moves out several rounds in advance, with contingencies already considered should their opponent not move as predicted. This ensures they're not making rash moves that could cost them a piece — or the game. The same strategy should apply to most personal finances. If you have your moves planned out in advance — i.e., have a workable budget — with well-thought contingencies in place, it's much easier to stay on track. But,... read more »

14 Best Credit Cards for Consolidation in 2018

14 Best Credit Cards for Consolidation in 2018

Once upon a time, you could get a full barrel of whiskey for just five bucks. (Of course, those were actual bucks — as in deer.) Nowadays, five bucks — of either kind — doesn't buy what it used to, and it seems like prices go up every year. Whether you're having trouble keeping up with the cost of everyday living or just have a hard time saying no to a good sale, it's all too easy to swipe and click your way into more debt than you can manage. When that happens,... read more »

6 Best Credit Card Consolidation Loans

6 Best Credit Card Consolidation Loans

In a lot of ways, collecting credit card debt can be like putting on weight. The problem builds slowly over time, largely unnoticed, until, one day, you find that you've outgrown your belt (or your credit card limit). Unfortunately, both losing weight and paying down debt can be a challenge, especially when compounded by other complications, such as a personal injury — or high credit card interest. For some consumers, credit card consolidation can be the cure for high interest... read more »

How to Consolidate Credit Card Debt in 2018

How to Consolidate Credit Card Debt in 2018

Carrying around high-interest credit card debt can sometimes feel like being in a boat with a leak; if you don't address the problem, you'll find yourself underwater before you know it. But trying to pay down that credit card debt while high interest fees pile on top can start to feel like trying to bail out your boat with a spaghetti strainer. Sure, you may eventually get the water out of the boat — but it's hardly the most effective method. Whether done through a balance... read more »