DON'T Do Debt Consolidation Without Knowing this ESSENTIAL thing

Can you call or text me at 833-272-3631 with your questions?

Debt consolidation can be a very generic topic that companies potentially use to confuse consumers. There are two forms of debt consolidation that are popular in the United States, but drastically different in terms of pros and cons.

This is why it may be extremely important to understand the differences between debt consolidation before deciding whether it's your best option to get out of debt.

Here's what we will cover in today's debt consolidation video:

Chapters:
0:00 Intro
0:35 Debt Consolidation Loan vs Debt Consolidation Program
1:25 Real-Life Example
2:40 What is Debt Consolidation Program?
3:09 What is a Debt Consolidation Loan?
3:50 3 Questions to Ask
4:50 Conclusion

#debt #debtfreejourney #debtconsolidation

[AscendFinance]

Can you call or text me at 833-272-3631 with your questions?

[morningmorning]

I started listening to Dave Ramsey on how to get out of debt
I also almost signed up for debt consolidation
I’m happy that I found Dave Ramsey and also your channel to help me to know the difference . Running away from consolidation program right now. I worked way to hard on my credit just to have a program , stop paying on my cards . 😮 thankyou

[theyeti]

I was almost at a verge of signing for debt consolidation program and I had no idea, the backend story could've been chaotic. Getting loan not the program, thanks again.

[weverson_nosseis]

Thank you so much, brother. I was just saved from a DC program.

[mykhaylokarpov]

Thank You for explaining...is important information

[myrleipat]

I am so glad I just came by your YouTube video, I was this close into signing a Debt Consolidation Program with Brice Capital! So glad I didn't, everything sounded great over the phone until I started researching the company and saw they have a grade F on BBB. Thanks again!

[instanthellmurderer]

I'm glad I ran into your channel. I will work and keep paying out of pocket as usual. Thank You!

[GabrielPineyro]

I'm 23k in credit card debt paying around $820 on everything with 100% on time payments and 710 credit score. But I need an extra 7k or 8k to fix my van which is my main source of income before it dies (transmission). Definitely need a loan instead of a debt consolidation, any recommendations?

[BlizzyPole]

I have been saved although I have weighed my options but and the only one I can get approved for is the consolidation program and I’ve been on the fence about it but thx to you Dave I won’t fall victim

[SusieQSydney]

Finally someone who understands just because we're become a more technologically advanced as a society it's no reason to treat people more like numbers and less like human beings!

[Mike_The_Hog_A_Nator]

I signed up & will be debt free in 2yrs! With my Credit Score rising!!

[jackthao]

Is debt settlement and credit modification the same? I’ve recently been pitched a credit modification but it sound exactly like a settlement.

[ktownkanak]

Thank you for your advice. This almost happened to me today. I backed out before I could sign anything. 😮

[Logyn]

I’ve been thinking of getting a consolidation loan because I have 4 cards but all with a pretty low balance. I can pay these off with my current income without too much trouble but I just find the process of paying off 4 companies quite annoying and I’m worried I’ll forget one. Do you think it’s a good idea? Or should I just suck it up and pay them off normally.

[selengebyambaa]

Thank you for info. I wonder if the low 3.86% interest rate offering in the mail is true. What is the minimum interest rate usually offer for DC loans?

[mikaielh]

I have a family member who opened up every major credit card under my name and racked up 22k worth of debt. I was wondering with a credit score of 560 what is the best company to get a debt consolidation loan?

[FearlessDiego]

Hello, in a dent cosí lotion program, how do you make the payment s?? Thank you!!

[lacypaul]

I have $30, 000 in debt also a score of 650-700, I'm probably paying about $ $700 a month in interest.. these are all about 8 to 10 different credit cards.. should I consolidate?

[gingerhogan]

Dear Dave Ramsey, can parent plus loans be included in a debt consolidation program? or only be postponed in a bankruptcy? the program I agreed to start 2 days ago, is where I pay 1, 400 a month, for 5 years, for 110, 000 in debt, mostly uncovered medical, and 54.00 is included in the pmt as insurance for an attorney to keep creditors from contacting me. it is saving me 3500 a month in minimum cc payments that I can't afford anyway. And now my parent plus loans have risen with the interest rate, and this may force me into bankruptcy. I am unsure what to do. any advice? Any input is so appreciated, Thank You

[theyeti]

Wow this is awesome information. Thank you