debt consolidation

[DarkPrince10]

you want to go after the one with higher interest % first(while paying the min off of the other ones). only way to do this is by paying MORE than the min payment on your loan...more you pay, the faster you get out. most of the time the min payment is basically the interest and a low amount of the actual amount. so it will never end.
take a few months and instead of spending money on food and things, keep track and use that money as a extra towards your bill. it maybe VERY tough for a few months but in the end you will notice the difference. remember, the more you put in every month, the following month will be A LOT easier. and so on.
after the higher interest% debt is payed off, you can move on the lower on and repeat the process.


this is just my opinion on this...

[tony]

you want to go after the one with higher interest % first(while paying the min off of the other ones). only way to do this is by paying MORE than the min payment on your loan...more you pay, the faster you get out. most of the time the min payment is basically the interest and a low amount of the actual amount. so it will never end.
take a few months and instead of spending money on food and things, keep track and use that money as a extra towards your bill. it maybe VERY tough for a few months but in the end you will notice the difference. remember, the more you put in every month, the following month will be A LOT easier. and so on.
after the higher interest% debt is payed off, you can move on the lower on and repeat the process.


this is just my opinion on this...

There is no interest rate, debt collectors just tack on their fees.