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Signs You Should Consolidate Debt
- You Are Spending More Money Than You Are Making.
- Your Credit Card Balances Are Growing, Not Shrinking.
- You're Making Only The Minimum Payments On Your Debt.
- You Carry Debt On More Than 5 Credit Cards.
- You Have Been Turned Down For A Credit Card Or Installment Loan For Having A High Debt-To-Income Ratio.
- You Are Approaching Or Are At Your Credit Card Limits.
- You Carry A Balance On Credit Cards With Interest Rates In Excess Of 18.99%.
Debt consolidation is beneficial to some people, but not everyone. Because every person's financial situation is unique, it is best to spend time examining each option and find the one that is right for you. The counselors at InCharge are trained and certified to sort through the Pros and Cons and find out which one solves your problem.