Did you know you can get a number of free debt consolidation quotes online at one time? You simply enter your figures into a form, and a number of lenders will compete for your business. In just minutes, you will have 4 to 12 free debt consolidation quotes to choose among.
If you have a number of bills credit card, medical, auto payments, etc. one of the smartest things you can do is consolidate them into one loan. Almost always, the total interest will come out less than the interest you would pay on the little bills. You will also pay less overall each month. Thats why you owe it to yourself to get free debt consolidation quotes today.
With debt consolidation, all of your bills are merged into one larger loan. You can either secure this loan against your house (a home equity loan) or take out a personal or signature loan.
The home equity loan will have a lower interest rate than a signature loan, but if you are put into a position where you can no longer make the payments, your home could go into foreclosure. Also, a home equity loan is only possible when you have equity in the house. In so many cases today, a homeowner is upside down or owes more money...