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Who should consider debt consolidation?

April 26, 2017debt consolidation

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Who should consider debt consolidation?

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Many people are able to maintain a sizable amount of credit card debt and only paying the minimum monthly payments for years ending up deeper in debt. Evaluate your position. You need to assess your debt-to-income ration and determine how much is manageable for you given situation. If you find that your debt-to-income ration is too high, you should consider debt consolidation.