Consolidating federal student loans sallie mae
You could put several credit card balances onto only one lower-rate card.Or you could obtain a signature loan, unsecured by collateral, to cover the total debt amount.
They break their budget and sometimes wind up in serious financial trouble. It might just require a different approach to budgeting: cash flow focus.
Consider, too, the total you’ll pay over the life of the loan.
If you consolidate credit card debts into a 15-year home equity loan or unsecured loan, you’ll be stretching a five-year debt to 15 years.
Just keep track of how much you’ve spent so you don’t accidentally overdraft your account.
This approach allows you to go out or indulge in a latte.