Consalidating credit

You’ll also want to read the fine print in order to avoid surprises such as a balance transfer fees or application fees.

If an offer sounds too good to be true, it probably is.

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[Disclosure: Cards from our partners are reviewed below.] Debt consolidation is a type of debt refinancing that allows consumers to pay off other debts.

In general, debt consolidation entails rolling several unsecured debts, such as credit card balances, personal loans or medical bills, into one single bill that’s paid off with a loan.

Our confidential, secure and updated Online Banking tool gives you 24/7 access to banking services along with all of your current account information from any location and device with an internet connection.

You can be confident that all of your account information is secure and protected.

Consequently, credit counseling agencies can reach a wider geographical area.

CCCS agencies may be a member of the NFCC or the FCAA but aren’t required to operate under either organization.

Not paying creditors will also show up as a negative transaction on your credit report that makes it harder to borrow more money.

And then there’s the risk of increasing your debt if you fail to make your payments under a debt settlement program.

Whether it's caused by job loss, a death of a spouse, personal or family illness, overspending, or other factors, the financial difficulty can usually be overcome through a self-administered financial plan, debt assistance programs, or a combination of the two.

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