Posts Tagged ‘low interest rates’

Debt settlement, debt consolidation, and credit counseling…What’s the difference?
Tuesday, March 2nd, 2010

There are a lot of companies out there who entice those with a significant amount of debt with hope for a way out.  Although their purpose and method may seem confusingly similar, they are in fact very different and their distinction must be noted.  One type of relief designed to help those in debt is what is known as debt consolidation where borrowers are offered one big loan to pay off their small debts.