Carnival of Debt Reduction

A blog carnival about reducing consumer debt

Flashback: Use a debt consolidation service?

Mighty Bargain Hunter hosted Carnival of Debt Reduction #24, and this week’s Flashback comes from a post by Blueprint for Financial Prosperity: What Do Debt Consolidation Services Offer?

Debt consolidation services are legitimate. They help you to simplify your debt reduction process by paying your creditors from one check that you give them. This costs money, though, and NCN, who’s gotten out of debt by himself, didn’t think that this was the way to do it. It’s more expensive, you lose a little control of your money, and you can do the same thing for free. And with all of the free resources on blogs like NCN’s, it makes even more sense to try to do it on your own.

Blog Traffic Exchange Related Posts
  • Carnival number 64 is up at Necessary Virtues! Necessary Virtues has posted this week's Carnival of Debt Reduction!  A number of great articles in this carnival; here are some favorites.Matt Hutter tells how to avoid using credit cards.Credit Cave outlines his debt repayment plan.  (Keep it up Andy!)Free Money Finance shows how to pay off a boatload of......
  • Debt reduction tip: Emergency! Emergency! Throwing extra money against your consumer debt is a very good thing to do.  (The credit card companies hope that you don't do this, because it allows them to charge you interest for a really long period of time, sometimes over a decade.) So if throwing extra money at your......
Blog Traffic Exchange Related Websites
 

Comments

No comments so far.

Leave a Reply

 
(will not be published)