How to Open a Debt Consolidation Business. Part of the series: Personal Finance & Money Managing. Opening a debt consolidation business requires the appropriate training as a liability specialist, registration with the appropriate reporting agencies and ample advertising to build up a clientele. Star a debt management company from the ground up with money advice from a registered financial consultant in this free video on personal finance.
What is Debt Consolidation and how do you use it to your Advantage?
Debt consolidation is when you take a larger loan to pay off smaller debts so that you only need to make one payment rather than a bunch of small payments per month.
Advantage #1:
Simplicity and ease of one payment rather than a bunch.
Advantage #2:
The new loan can build your credit.
Advantage #3:
Possibly better interest rates meanings cheaper repayment.
Advantage #4:
Over-utilized credit cards will hurt your credit score. If you consolidate your credit card debt, you will be in a WAY better position to build credit.
If you need to consolidate any debt, Spring Financial can help! Just fill out our 3 minute application form.
https://sprng.ca/35A89H8
DebtSafe’s PR & Communications Officer, Carla Oberholzer, gives a breakdown on VIA TV’s Business that Matters (Besigheid Wat Saak Maak) in 2022’s Season 6, Episode 7.
Are you over-indebted and in need of professional help?
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Considering debt consolidation? Here are five things you need to check to determine whether you should get a debt consolidation loan.
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Debt consolidation refers to the act of taking out a new loan to pay off other liabilities and consumer debts. Multiple debts are combined into a single, larger debt, such as a loan, usually with more favorable payoff terms—a lower interest rate, lower monthly payment, or both. Debt consolidation can be used as a tool to deal with student loan debt, credit card debt, and other liabilities.
In this video, I’m going to break down the differences between credit repair, debt settlement and debt consolidation. In other videos coming soon, I’ll compare the pros and cons of each option, as well as talk about which one might be best for you.
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Secured Debt Consolidation. Part of the series: Credit & Debt Consolidation. Secured debt consolidation often allows debtors to secure a loan to payoff debt with the value of a home or auto. Learn about secured debt consolidation from a registered financial consultant (RFC) in this free personal finance video.
Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.
Download our App today to start your loan application process! https://bit.ly/3sX9AYK
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Debt Consolidation CONS. Should You Consolidate Your DEBT? Find Out the CONS to DEBT Consolidation Loans | The Credit Solutionist
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Should you Consolidate Your Debt? Find Out the CONS to DEBT Consolidation Loans. If you’re wondering about a quicker more affordable way to get rid of debt…here it is! If you have low income and need to start paying debts fast, be sure to check out this video about a method you need to use if you’re tired of making a bunch of pesky payments every month. I tried this once, and it turned out awesome for me! Stop complicating your process, and get on it today! There are a few CONS to debt consolidation. Choosing the right debt consolidation can be a life-changing financial decision that will open many doors. If you choose the wrong debt consolidation loan, it could set you back financially and credit-wise for YEARS! Be mindful, and be sure to check out the reviews of the debt consolidation company to be sure you are making the right choice! Let’s talk about it!
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Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. In this video, the bankruptcy attorney John Skiba describes what debt consolidation is, talks about debt settlement companies, and provides his opinion on what would be the correct way to do it.
MORE ABOUT JOHN SKIBA
John Skiba is a bankruptcy & consumer protection attorney in the state of Arizona.
John helps clients with chapter 7 bankruptcy & chapter 13 bankruptcy for Arizona residents.
????? ARIZONA RESIDENTS ONLY: If you live in the state of Arizona and need help with a junk debt buyer lawsuit or need to file bankruptcy I can help you directly.
Contact my office at (480) 907-3388 https://www.jacksonwhitelaw.com/bankruptcy/
Want to talk to me directly? https://calendly.com/johnskiba
John offers informational products and strategies for consumers facing serious debt problems – particularly those being sued by junk debt buyers like Midland Funding, Portfolio Recovery Associates, Cavalry SPV, and many more.
???Forms, Templates and Video Tutorials can be found at ??? http://consumer-warrior-project.thinkific.com/