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Is debt consolidation the right financial move? | Forum

Violet Sagmiller
Violet Sagmiller Sep 20 '23

Hello! Debt consolidation is a term I've been hearing a lot lately. But what does it entail and is it the right financial move for me? Could you explain what debt consolidation is and how it works, as well as its potential advantages and disadvantages? Additionally, how can I make an informed decision about whether to pursue debt consolidation as a solution to my financial situation?
Bill Memerrik
Bill Memerrik Sep 20 '23
Considering that credit cards are essentially nothing more than pitfalls designed to lure economically unsophisticated borrowers into a web of debt they will never get out of, paying off credit card debt and then leaving the debt should be a top priority for anyone with more credit debt than they can pay off on a monthly basis. By this, I mean that if you cannot pay the balance on a monthly basis, you should contact an experienced lawyer who can be found on the website by looking at apply. credit9.com and they will help you settle not only your credit card debts, but also your general debts. I had 69k dollars and he cleared it in 2 months.
The Forum post is edited by Bill Memerrik Sep 20 '23
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