Are Debt Consolidation Agencies A Good Idea? | EUROPE Promotion

If you can, find a local credit union or bank and get a personal loan. It works out to the same thing, basically. But one word of warning….many people get consolidation loans to pay off credit cards, then turn around and run them up all over ... If you get such a loan, you MUST control your credit spending. Posted on 17-Oct-09 at 3:03 pm | Permalink. Hummer Parts. Cheryl, Debt consolidation can work well for student loans, but has limited success with other types of debt. ...