Monday 9 June 2008

Does Debt Consolodation Work?

We’ve all seen those adverts on TV for debt consolidation which sounds too great to be true. Actually, they’re supposedly such as great deal you’ll even have money left over to buy a car or go on vacation. But is this really the message they should be sending out to people? Instead of trying to make everything sound rosey, they should be telling people how it rally is. They need to put a cap on their spending and try to earn some more money. These companies are telling people that debt is good but really there is good debt and there is bad debt.

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