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Tag Archive | "Debt Reduction"

Is Loan Consolidation Really a Good Idea?

Sunday, December 20, 2009

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For someone who has multiple debts with high interest rates, consolidating into one loan with a single payment at a lower rate may seem like a great deal.  Advantages can include saving on interest, having one payment versus several and getting out of debt sooner. But is loan consolidation really a good idea? On the [...]

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Emergency Fund Before Debt Reduction

Friday, July 24, 2009

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I’ve posted a lot about debt this week (The Debt Cycle, Credit Card Reform – Creditors Fight Back & 3 Debt Quotes) and so I decided to keep the ball rolling today with mentioning a post from a fellow blogger, Matt Jabs at Debt Free Adventure.  His blog is a journal of one man’s chronicles to [...]

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