who is ellen dating 2016 - Government consolidating credit debit

A debt consolidation loan is a single loan (generally from a financial institution) that allows you to repay your debts to several or all of your creditors at once.You are then left with only one outstanding loan — to the financial institution.

government consolidating credit debit-8

These companies used phrases like ‘Government debt consolidation’ or ‘Government debt advice’ to fool people into using their services.

In reality these companies charged a fee to provide debt management services that are available free from charities like us.

These are not quick fixes, but rather long-term financial strategies to help you get out of debt.

When done correctly, debt consolidation can: There are several ways to consolidate debt, depending on how much you owe.

Our advice is free and we make sure we recommend the best debt solution for your individual situation.