How does payday loan consolidation work

Drowning in payday loans? These options may be able to help. (iStock) Payday loans are a short-term, in-a-pinch option for consumers hard-pressed for cash. But they’re hardly a saving grace.…

4 types of debt consolidation loans to avoid

Debt consolidation through a personal loan can be an effective strategy to pay down existing debt; however, these four types of debt consolidation loan options are not ideal and should…

Debt consolidation vs. debt settlement: What’s the difference?

If you’re considering debt consolidation or debt settlement, be sure you understand the differences between these similar-sounding options. (iStock) Debt can keep you up at night — especially when you…

Don’t fall for these 3 debt consolidation myths

A debt consolidation loan can help you streamline debt repayment. (iStock) If your personal finance goals include paying off outstanding debt, consolidation is one solution to consider. A debt consolidation…

Credit card refinancing vs. debt consolidation: What’s the difference?

Dealing with credit card debt? Try these two options. (iStock) Credit card debt is a problem for millions of Americans (about 189 million, to be exact). And for many, it’s…