What is a debt management plan and why is
it cheaper than a debt consolidation loan and paying it off on your own?
Not exact matches
If you find out that your existing unsecured
debt is
cheaper than the
consolidation loan that is being provided to you, it is better to avoid consolidating it.
A
debt consolidation program from
debt management firms helps companies in need manage their financial resources better and they are
cheaper than CPA's.
It might be more expensive
than the first loan but it is
cheaper than other available alternatives, making it a great tool for
debt consolidation.
And if your loan terms aren't so good now, you can potentially improve your situation by applying for a
debt consolidation loan that could very well be much
cheaper than the combined amount you pay for all your disparate loans.