I’d recommend YOU inc. I don’t mean to be overly sarcastic, but the best way to get out of debt (and stay out of debt) is to do it yourself.
Debt consolidation doesn’t fix the problem. It may reduce your interest and such, but many people that get debt consolidation loans continue to increase their debt.
Why? Because the problem is the person, not the interest rate. The problem is that people can’t control their spending habits. Debt consolidation will not solve that problem.
I speak from experience (as a person who was once in debt and is now debt free). Here’s the best method:
1) Live on a budget and use cash instead of credit
2) Live below your means
3) Sell stuff and get extra jobs to pay off debt
I’d recommend YOU inc. I don’t mean to be overly sarcastic, but the best way to get out of debt (and stay out of debt) is to do it yourself.
Debt consolidation doesn’t fix the problem. It may reduce your interest and such, but many people that get debt consolidation loans continue to increase their debt.
Why? Because the problem is the person, not the interest rate. The problem is that people can’t control their spending habits. Debt consolidation will not solve that problem.
I speak from experience (as a person who was once in debt and is now debt free). Here’s the best method:
1) Live on a budget and use cash instead of credit
2) Live below your means
3) Sell stuff and get extra jobs to pay off debt
I hope this helps.
Scott….
Consumer Credit Counseling Service is the best.
Plenty of good advice here.
Debt Consolidation – Get Out Of Debt