Small anthills of debt could eventually occur to you as a massive mountain of problems if you don’t make an effort to consolidate them and have them settled as one.
But how do you consolidate your debt in a manner that’s ultimately advantageous to you?
1-Follow you Credit Reports and Know Your Scores
Every year, you have one chance to view your credit reports, for free, from any of the three primary credit reporting agencies. And you can’t miss this chance because negative remarks or mistakes could impact your debt consolidation.
Your report lists most of your debts which is a good starting point.
2-Keep Records of Your Debts
List all the balances on every card or loan you wish to consolidate, plus interest rates and monthly payments. This way, you can tell which debts are the most important to consolidate.
It helps to see a clearer picture as regards …