subject: Fiscal Responsibility a Must if You Choose the Consolidating Debts Option [print this page] Debt consolidation can be a great choice if you have plenty of disposable income or you have badly structured debt. It is all too easy to slip back into a creditor's trap with a loan. You have to stick to a budget and not incur new debt in order for a loan to truly be beneficial to you. Consolidating debts can be a good strategic move as long as you have a solid financial plan in place and understand the risks.
Fiscal Responsibility a Must if You Choose the Consolidating Debts Option
By: Chris Jenkinson
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