When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription.
These tactics may help, but financial experts say paying off debt requires a more comprehensive plan. One common strategy is debt consolidation, rolling multiple debts into a single loan or credit card at a lower interest rate.
Consolidating debt into one spot can be empowering a…
Read the full article at: https://www.usatoday.com/story/money/personalfinance/2017/06/24/digging-out-4-keys-successful-debt-consolidation/411169001/
