It is far too easy for people to get themselves into debt that is way beyond their means to repay.
The credit card companies make buying on credit so very, very easy and even "reward" you with gifts and air miles when you use their credit cards.
The latest twist is that there is a credit card company that will round your purchases up to the next whole dollar amount and deposit the difference into a "high yield" savings account in your name.
They'll even give you fifty bucks to start the account! It doesn't take a lot of worldly experience to figure out that a business isn't going to "give to you" near as much as they expect to "take from you.
" Credit spending is a habit...
a bad one...
and more and more and more people are belatedly coming to the obvious conclusion that they are obligated to pay out more money each month than they bring in.
That is why the debt consolidation loan market is one of the fastest-growing markets on the planet.
There was a time in the dusty and distant past when all businesses were of the brick-and-mortar variety.
There was a real building that employed people no matter what the business enterprise.
But the whole world has gone online, and it shouldn't be any surprise that there are hundreds (thousands?) of debt consolidation loan companies that live on the Internet rather than in brick-and-mortar buildings on Main Street.
Different online debt consolidation loan companies have different kinds of programs.
Most of them offer free debt management counselors to their clients.
I wish I could tell you that there is a short cut to finding the right debt consolidation loan company, but there isn't.
You will have to do your own homework and make your own decision.