With Debt consolidation all your debts such as loans, credit cards and store cards are combined into one new loan, paying off multiple creditors. The loan can be either secured on your house or unsecured, in the form of a personal loan or credit card.

Debt consolidation=More debt. The only two options in my opinion if a consumer is going to save money is debt settlement on their own and bankruptcy.

Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house.

Hi there,

I joined this forum and found out lots of information which i would like to share with you guys.. People who are actively posting in this thread are discussing about Debt Consolidation or Consolidating Debt.

You can view the thread and even sign up as a member and be part of the forum. You will learn a lot of things. Aside from that, you can ask for advices or share any information you have that would help other members.

Here is the link: http://www.money-talk.org/thread7662.html

sorry about that...
I didn't realize that debt.consolidation was spamming a u.s. site.
That's pretty rude :)

It always amazes me why Americans get on this site. !!

To RichardC and Average_Jo, thank you for your post about Debt.consolidation.

It's irritating to see those posts here on this forum. They can concentrate spamming on their own country of U.S.of.A. We're can handle our own issue.

TagaKawit

"debt.consolidation" doesn’t appear to be a real (read sincere) poster, rather it seems, that individual owns the debt consolidation lead generating websites posted in their signature.

Why ask for debt consolidation info in your post when your signature links to info on the subject?

Thats like me asking:

How long does it take to set up Debt Settlement?
Anybody can give some comments?

Seems like the same spammer that hijacked this thread a while ago that you ripped into a little Joe... /threadview/2119.html

I would ask RichardC on here, he owns total debt freedom.

http://www.totaldebtfreedom.ca/

Anyone please give me reply for my question ....

I have one question about Debt Consolidation

How long does it take to set up Debt Consolidation?

Anybody can give some comments?