(InvestigateTV) — From credit card balances to daily expenses, millions of Americans are struggling to stay ahead off their debt.
But Matt Schulz, chief consumer finance analyst with LendingTree, said it’s never too late to take action.
He said one strategy worth considering is debt consolidation.
“Debt consolidation can be a really big deal because not only can it streamline things for you, making it to where you only have to make one payment instead of several each month,” Schultz noted. “It can also really save you a significant amount of interest and even really shorten the amount of time it takes to really pay off that debt.”
He said consolidation can make sense for those able to qualify for a lower interest rate than what…