Best way of consolidating debt

Debt consolidation could hurt your credit because of a potential hard credit inquiry and because a new credit account can de-age your credit.

Think about how much money it will cost to pay off your debts to figure out if it is financially smart to consolidate debt. Before you consolidate debt, you will need to know how much debt you have in order to calculate how much debt you want to consolidate.

Debt consolidation programs typically charge a fee for their services, but you can also consolidate debt on your own or with a financial advisor.

You can consolidate your debt with a Best Egg personal loan.

You pay off your existing debt, then make payments on the single new debt.

You can consolidate debt using credit cards, personal loans, and other consolidation loans.

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