Handled properly, debt consolidation can get
you out from under crushing debt. But handled poorly, it will just dig you into
a black hole.
In this Bankrate.com Guide to Consolidating
Your Debt, we've attempted to spotlight a path that will lead you to solving your
financial woes. And we've started with the basics.
you can hope to find your way out of debt, you first must understand if you have
a problem and how you got there. Many Americans haven't a clue. Our In
too deep section may provide the answers.
our First response section we focus on a first-aid
approach to the problem -- how to stop the bleeding.
out section outlines several options that spell out exactly how to consolidate
your debt without making matters worse, and the Life after
debt section provides expert insight into how to live happily and comfortably
without debt and how to avoid slipping back down the slippery slope.
assist you in this entire process, we've provided a number of interactive Calculators,
as well as other articles in our See also section
to inform and, perhaps, amuse you about debt and how to defy it.