What is the debt consolidation company best out there? I need to consolidate a loan and some credit cards. Whats the best Consolidation Company Out There?
debt consolidation companies are suckers. Do not waste your time and money.
Choose your most loan interest and / or credit card, pay only the minimum on those with lower rates. Throw every penny you have the loan interest rate higher until he left, then choose the card with the highest interest rates next.
Do not let credit cards more, do not take any more loans, cash only. Set a goal you want to reach (the owner of a house, save enough to buy a beach house in retirement) and whenever you want to buy something you do not need, remember your ultimate goal .
This means giving up all your extras: cable, cell phone, eating out ... then you'd probably have an additional $ 200/month (100 cable, 40 cells, 60 meals at restaurants). Less obvious items: buy only generic, stick with fresh vs. canned meat, cut coupons and grocery coupon twice daily only. Stay home, do not drive when you do not, walk.
Posted on February 2, 2010.
