Monday, December 12, 2011

Is consolidating a good step to take towards getting out of debt?

No, it does not take care of the underlying reason you are in debt in the first place, it just moves the debt around. You have to change your habits, put yourself on a budget and work towards paying off your debt one item at a time. Just keep focus and make sure you don't fall back into the habit of charging stuff up and building more debt.

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