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Debt Consolidation may not be right for you!

February 26th, 2006 Posted in Debt

Money Crashers has a great post regarding debt consolidation, that’s well worth the read. It does a good job of offering the pitfalls of debt consolidation and helps you determine if it’s right for you. I really like one of his quotes, “Debt consolidation is like Nyquil. It does not cure the illness, it only relieves the symptoms.”

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One Response to “Debt Consolidation may not be right for you!”

  1. LAMoneyGuy Says:

    So true. As I have always maintained, personal financial problems are rarely about the details such as interest rates, tax laws, or market analysis. It is truly personal; it is about discipline and responsibility.


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