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Research and organise

Getting a debt consolidation loan is a big financial decision. Don't jump headfirst without doing your research and organising your requirements. Here are four practical things you can do to pre…...

Watch out for deals that are "too good to be true"

You might be tempted to take on deals that promise you'll be debt-free in less than a year. Or maybe you'll find a financier who's willing to lend you money without even asking for the…...

Know when debt consolidation isn't worth it

Although consolidation loans may work for some, it isn't a cure-all. For example, your income might not be enough to meet the monthly payment. Or your credit score is too low. Or you can't …...

Lower your credit limit

Consolidating your loans may not be enough to keep you on track to long-term financial stability. It can be the convenience of a credit card that makes it easy to go off track and once again start ac…...

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