Does debt consolidation really work?

Does debt consolidation really work?
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1 Answer

Answer :

Debt consolidation can be great for some people if you go through the right company. Do research before you decide on who to use.
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Related questions

How do debt consolidation services work?

Description : How do debt consolidation services work?

Last Answer : With a debt consolidation loan, a company fronts you the money to pay off your debt (or a portion of your debt), so then your monthly debt payments get streamlined into the one loan payment. Your debt consolidation loan ideally has a lower interest rate so you can save on interest as you pay it off.

Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Description : Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Last Answer : You might want to check out Propser, a peer-to-peer lending site.

Should I Consider Credit Card Debt Consolidation?

Description : Should I Consider Credit Card Debt Consolidation?

Last Answer : Let the great debt-ate begin. Many Americans are still being hithard by the economic downturn of the past couple of years. Thoughthe economy is beginning to show signs of life and the job ... enjoyable either. Ofcourse, you weren't complaining when you were buying those JimmyChoo shoes or new Gucc

What banks offer the best interest rates on a debt consolidation loan in the Boston area?

Description : What banks offer the best interest rates on a debt consolidation loan in the Boston area?

Last Answer : There are a lot of banks that offer good interest rates on debt consolidation loans. The best one to choose is Regions.

What are some of my options when it comes to debt consolidation?

Description : What are some of my options when it comes to debt consolidation?

Last Answer : An acknowledge advising administration works for lenders to improve terms on your credit, including decreased loan fees and lower regularly scheduled installments. You make one regularly ... lenders actually should acknowledge recommendations made by the credit advising organization debt redemption.

Is there a free federal program that provides debt consolidation advice online?

Description : Is there a free federal program that provides debt consolidation advice online?

Last Answer : On the .Gov pages is a long list of place that handle free federal program that provides debt consolidation advice. All they need to know is your location and they can help up in your own state.

How will a consolidation loan effect my finances with $20,000 in credit card debt?

Description : How will a consolidation loan effect my finances with $20,000 in credit card debt?

Last Answer : A consolidation loan will pay off all of your bills and give you one payment. This program will only really work if you cut up your credit cards and have discipline.

Is it wise to obtain a debt consolidation loan?

Description : Is it wise to obtain a debt consolidation loan?

Last Answer : Any time you can obtain a debt consolidation loan it is a good idea. This is especially true if you can lower your interest rate. You will simplify your finances and also get on a rigid repayment plan.

How do I find the best debt consolidation help?

Description : How do I find the best debt consolidation help?

Last Answer : You can find the best debt consolidation help at www.DebtHelp-America.com. Another good site is www.FreedomDebtRelief.com

How much credit card debt do I need to qualify for consolidation?

Description : How much credit card debt do I need to qualify for consolidation?

Last Answer : Most debt consolidation companies advertise that you need $10000 in debt. There is actually no real amout, but less than $10000 and you are generally advised to pay it off yourself to save your credit.

What is the difference between debt negotiation and consolidation?

Description : What is the difference between debt negotiation and consolidation?

Last Answer : Debt Consolidation takes your debt and combines into one single loan, usually tied up in your house equity. Debt Negotiation on the other hand attempts to reduce the amount of debt you have by cutting the total amount you owe.

How do you know if a debt consolidation loan is a good idea?

Description : How do you know if a debt consolidation loan is a good idea?

Last Answer : Debt consolidation loans are good for people who are trying to keep track of lots of small bills like maxed out low limit credit cards, or for people with multiple student loans. By putting all the ... loan includes it, your rate will be higher and you will wind up paying more over time.

How much do debt reduction and debt consolidation assistance companies charge for their services?

Description : How much do debt reduction and debt consolidation assistance companies charge for their services?

Last Answer : Debt consolidation and debt reduction companies generally charge a percentage of the debt reduction amount and may also include other fees. There are many different companies that offer these services and their charges and fees may vary.

How do loans and debt consolidation affect credit score?

Description : How do loans and debt consolidation affect credit score?

Last Answer : If you pay your bills on time and in full each month it will help your credit score rise. If you are late on payments and have outstanding payments then your credit score will become lower. Your credit score is an important thing to help you obtain loans such as car loans or a mortgage.

Can I get a debt consolidation loan with bad credit?

Description : Can I get a debt consolidation loan with bad credit?

Last Answer : I don't see why not. Here's a good article I found that will help you: http://www.lendingtree.com/debt-consolidation/advice/ I hope that helps.

What is the different of the consolidation debt loan from other debt loan?

Description : What is the different of the consolidation debt loan from other debt loan?

Last Answer : Obligation solidification and obligation repayment assist you with paying off your obligation load, yet they do as such in various manners and by utilizing various systems. affordabledebtconsolidation Obligation ... pay a lower sum than what you owe, frequently in a single amount settlement.

Debt Consolidation Loans Make It Easier to Manage Debt?

Description : Debt Consolidation Loans Make It Easier to Manage Debt?

Last Answer : A debt consolidation loan is a loan taken out to repay several unsecured debts. There are many benefits of debt consolidation loans. The main benefit is that these loans make it easier for consumers to ... of interest you pay over the life of the loan and make it easier to eliminate your debt.

Debt Consolidation- Do It Yourself And Save!!?

Description : Debt Consolidation- Do It Yourself And Save!!?

Last Answer : If you have ever considered a debt consolidation company to handle your debt, then you may want to try doing it yourself. You can do most of the things that debt consolidation companies offer ... has occurred. Do this yourself instead of paying a consolidation company and save hundreds of dollars.

What are some debt consolidation tips?

Description : What are some debt consolidation tips?

Last Answer : Some debt consolidation tips include taking out a loan. This way you will only have to one payment.

Debt Consolidation Calculator?

Description : Debt Consolidation Calculator?

Last Answer : Debt is a ubiquitous problem in America today. According to the Federal Reserve, as of December 2010 total consumer debt stood at $2.4 trillion. This load is divided into revolving and non- ... the consumer their estimated monthly payment. The consumer inputs the amount of each credit card, mortg

Get The Debt Consolidation Company For You?

Description : Get The Debt Consolidation Company For You?

Last Answer : If you are thinking about consolidating your loans into one easy monthly payment, you should first shop around for the best debt consolidation companies. Search for debt consolidation companies online and do ... , compare the various plans offered by each company. Debt can be consolidated in a numbe

Using a Debt Consolidation Calculator?

Description : Using a Debt Consolidation Calculator?

Last Answer : When trying to get a handle on one's finances, one of the best things to do is consolidate one's debts. Consolidating debts can mean that a person pays lower interest rate fees. Using a debt ... having trouble using this sort of calculator. Overall, this is a great tool to use for managing finances.

A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Description : A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Last Answer : D. Debt Consolidation Explanation: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

Does anyone know a good organization for Payday Loan Consolidation?

Description : Does anyone know a good organization for Payday Loan Consolidation?

Last Answer : answer:First, you cannot rob Peter to pay Paul. payday loans are money-suckers. pardon my language, but you will get a better deal at a pawn shop. being behind on one payment makes it a penalty and you ... order to get caught-up in your payments. Scratch payday loans off your list. it's a no-no!

What are the best and reputable credit consolidation/management companies?

Description : What are the best and reputable credit consolidation/management companies?

Last Answer : many of these companies are sham organizations that are going to consolidate your debt and charge big fees and interest for doing so. if you're in debt, you're probably better off just calling each ... negotiate a lower rate. try to make payments a little at a time and knock it down slowly.

Consolidation

Description : I want to ask if they will approve of consolidation when the company where I work moves elsewhere and I will not work there anymore, but I do not have a notice period yet.

Last Answer : consolidating means putting something together, settling, etc. It is not clear to me what you imagine the company should approve of you. Whatever it is, no one here can answer you. It is up to the specific company whether to approve something or not.

Where can I find information on student loan consolidation?

Description : Where can I find information on student loan consolidation?

Last Answer : During this period, borrowers who make payments separately from your federal loans to one or more lenders (loans are settled before a management entity loans) may be eligible ... information about Conventional Loans Consolidation Direct Loan Program, visit Loan Consolidation Direct Loan Program.

Which of the following is the consolidation of H. No. 5224 and S. No. 2683? A. RA 9292 B. RA 5734 C. RA 7925 D. RA 6849

Description : Which of the following is the consolidation of H. No. 5224 and S. No. 2683? A. RA 9292 B. RA 5734 C. RA 7925 D. RA 6849

Last Answer : A. RA 9292

This is very important component of Green Revolution. A. Land. B. Labour. C. Land consolidation. D. Water.

Description : This is very important component of Green Revolution. A. Land. B. Labour. C. Land consolidation. D. Water.

Last Answer : D. Water.

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinof

Description : The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinof

Last Answer : Acquisition

A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? A. Synergy B. Diversification C. IntegrationD. Consolidation

Description : A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? A. Synergy B. Diversification C. Integration D. Consolidation

Last Answer : Synergy

This involves combining two companies into a single larger company. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Description : This involves combining two companies into a single larger company. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Last Answer : Merger

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Description : The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Last Answer : Acquisition

A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? A. Synergy B. Diversification C. Integration D. Consolidation

Description : A film company and a music recording company may choose to combine, believing that the result will be more effective than the sum of the two component parts. What term is used for the benefits? A. Synergy B. Diversification C. Integration D. Consolidation

Last Answer : Synergy

Which of the following initiatives of dynamic cloud infrastructure reduce operating cost , improve responsiveness and utilize resources? A. Asset management. B. Virtualization and Consolidation. C. Service Management. D. Information Infrastructure.

Description : Which of the following initiatives of dynamic cloud infrastructure reduce operating cost , improve responsiveness and utilize resources? A. Asset management. B. Virtualization and Consolidation. C. Service Management. D. Information Infrastructure.

Last Answer : Virtualization and Consolidation.

CXF represents the consolidation of the Celtix and XFire projects, which each had useful SOAP support. a) True b) False

Description : CXF represents the consolidation of the Celtix and XFire projects, which each had useful SOAP support. a) True b) False

Last Answer : True

The compression resulting from a long term static load and consequent escape of pore water, is known as (A) Compaction (B) Consolidation (C) Swelling (D) None of these

Description : The compression resulting from a long term static load and consequent escape of pore water, is known as (A) Compaction (B) Consolidation (C) Swelling (D) None of these

Last Answer : (B) Consolidation

When drainage is permitted under initially applied normal stress only and full primarily consolidation is allowed to take place, the test is known as (A) Quick test (B) Drained test (C) Consolidated undrained test (D) None of these

Description : When drainage is permitted under initially applied normal stress only and full primarily consolidation is allowed to take place, the test is known as (A) Quick test (B) Drained test (C) Consolidated undrained test (D) None of these

Last Answer : (C) Consolidated undrained test

Coefficient of consolidation of a soil is affected by (A) Compressibility (B) Permeability (C) Both compressibility and permeability (D) None of the above

Description : Coefficient of consolidation of a soil is affected by (A) Compressibility (B) Permeability (C) Both compressibility and permeability (D) None of the above

Last Answer : (C) Both compressibility and permeability

The maximum value of effective stress in the past divided by the present value is defined as over consolidation ratio (OCR). The O.C.R. of an over consolidated clay is (A) Less than 1 (B) 1 (C) More than 1 (D) None of these

Description : The maximum value of effective stress in the past divided by the present value is defined as over consolidation ratio (OCR). The O.C.R. of an over consolidated clay is (A) Less than 1 (B) 1 (C) More than 1 (D) None of these

Last Answer : (C) More than 1

The ratio of settlement at any time 't' to the final settlement, is known as (A) Co-efficient of consolidation (B) Degree of consolidation (C) Consolidation index (D) Consolidation of undisturbed soil

Description : The ratio of settlement at any time 't' to the final settlement, is known as (A) Co-efficient of consolidation (B) Degree of consolidation (C) Consolidation index (D) Consolidation of undisturbed soil

Last Answer : (B) Degree of consolidation

The ultimate consolidation settlement of a soil is (A) Directly proportional to the voids ratio (B) Directly proportional to the compression index (C) Inversely proportional to the compression index (D) None of the above

Description : The ultimate consolidation settlement of a soil is (A) Directly proportional to the voids ratio (B) Directly proportional to the compression index (C) Inversely proportional to the compression index (D) None of the above

Last Answer : (B) Directly proportional to the compression index

Coefficient of consolidation for clays normally (A) Decreases with increase in liquid limit (B) Increases with increase in liquid limit (C) First increases and then decreases with increase in liquid limit (D) Remains constant at all liquid limits

Description : Coefficient of consolidation for clays normally (A) Decreases with increase in liquid limit (B) Increases with increase in liquid limit (C) First increases and then decreases with increase in liquid limit (D) Remains constant at all liquid limits

Last Answer : (A) Decreases with increase in liquid limit

Over-consolidation of soils is caused due to (A) Erosion of over burden (B) Melting of ice sheets after glaciations (C) Permanent rise of water table (D) All the above

Description : Over-consolidation of soils is caused due to (A) Erosion of over burden (B) Melting of ice sheets after glaciations (C) Permanent rise of water table (D) All the above

Last Answer : Answer: Option D

Pick up the correct statement from the following: (A) Isotropic consolidation of clay can be obtained in the triaxial apparatus under equal all￾round pressure (B) If the present effective stress is the maximum to which the clay has ever been subjected, it is called normally consolidated clay (C) If the present effective stress in the past was more than present effective stress, it is called over-consolidated clay (D) All the above

Description : Pick up the correct statement from the following: (A) Isotropic consolidation of clay can be obtained in the triaxial apparatus under equal all￾round pressure (B) If the present effective stress is the ... more than present effective stress, it is called over-consolidated clay (D) All the above

Last Answer : Answer: Option D

Within the consolidation process of a saturated clay (A) A gradual increase in neutral pressure and a gradual decrease in effective pressure take place and sum of the two is constant (B) A gradual decrease in neutral pressure and a gradual increase in effective pressure take place and sum of the two is constant (C) Both neutral pressure and effective pressure decrease (D) Both neutral pressure and effective pressure increase

Description : Within the consolidation process of a saturated clay (A) A gradual increase in neutral pressure and a gradual decrease in effective pressure take place and sum of the two is ... Both neutral pressure and effective pressure decrease (D) Both neutral pressure and effective pressure increase

Last Answer : Answer: Option B

A structure is erected on an impervious clay whose thickness is 12 m. Drainage is possible both at upper and lower surfaces. Coefficient of consolidation is 0.015 cm2 per minute. For attaining 50% consolidation with a time factor 0.20, the number of days required (A) 3233 (B) 3123 (C) 33331 (D) 3313

Description : A structure is erected on an impervious clay whose thickness is 12 m. Drainage is possible both at upper and lower surfaces. Coefficient of consolidation is 0.015 cm2 per minute. For attaining 50% consolidation with a ... 20, the number of days required (A) 3233 (B) 3123 (C) 33331 (D) 3313

Last Answer : Answer: Option C

The reduction in volume of soil due to squeezing out of water from the voids, is termed (A) Primary consolidation (B) Primary compression (C) Primary time effect (D) All the above

Description : The reduction in volume of soil due to squeezing out of water from the voids, is termed (A) Primary consolidation (B) Primary compression (C) Primary time effect (D) All the above

Last Answer : Answer: Option D