When To Consider Debt Consolidation And How To Do It – Spencer Coffman

in #money7 years ago (edited)

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Going into debt is always a tough position in which to put yourself. If you are already there, then getting out of debt should be your number one priority.

Credit card debt can be especially troublesome because of the extremely high-interest rates on credit cards. Therefore, if you are carrying balances on several credit cards then the first thing you need to do is cut them up.
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Spencer Coffman
SpencerCoffman.com

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Thanks mate. I've been thinking about doing this, and you've explained to me in simple terms why. And how.
Now I just need to find a loan that will accommodate this for me.

😊🙏🏽☯️

I’m really glad this helped you out.

Sneaky Ninja Attack! You have been defended with a 6.13% vote... I was summoned by @spencercoffman! I have done their bidding and now I will vanish...Whoosh

GREAT article and very sound advice

This post has received a 16.23 % upvote from @aksdwi thanks to: @spencercoffman.

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