3 Debt Consolidation Mistakes To Avoid
Although making one consolidated payment may be easier, more convenient, and may offer a lower interest rate, financial experts will warn to proceed with caution. Missteps along the way could impact your credit rating or put you at unexpected financial risk. Here are three debt consolidation mistakes to be on the lookout for when researching debt consolidation options. A caveat is that interest rates increase after an introductory period, so make sure to read the terms and conditions of the balance transfer agreement carefully and thoroughly....