Pay off credit card debt without consolidating
Tackling Your Debt Wisely Budgeting Your Money Like a Pro Community Q&A It may seem easier to just ignore it, but your unmanaged credit card debt will haunt every step you take.
It may sound like a daunting task, but you can pay off your debt with order and dignity!
The overall costs are likely to be much, much higher.
That is, you may well pay a less each month but, since mortgages are long term debts, you are likely to end up paying a lot more interest than you would on a short term debt product.
For instance, if you have a lot of credit card debt, consolidation may well be a good idea, since credit cards are often the most expensive way to borrow money.However, it is not necessarily the win-win strategy it seems - we explain.