Debt consolidation is one of the best ways of reducing debt. Your monthly payments become much lower and this will give you more disposable income. Unfortunately, debt consolidation can also make your position much worse. The reason debt consolidation can be bad is you.

Repossessions in Wales have risen by a quarter over the past 12 months twice as high as the rate in England, new figures have revealed. According to the Department for Constitutional Affairs, the number of claims issued for repossessions in Wales grew by 26 per cent, compared to 13 per cent in England.

I am writing this to shed some light on the complex (and somewhat confusing) topic of credit repair.....First things first. What is on YOUR credit report? By Federal Law...

Moving balances or procuring a debt consolidation loan can bring about a huge sense of relief and offer you the chance to save your credit rating all at the same time. Better yet, debt management planning can avert the need to file a bankruptcy.

Some of us think the topic of debt doesn't touch us and will never ever do. When we are not in debt we hardly take it serious. This is not the best way to achieve safety and prosperity.

Before you jump into a debt consolidation loan, give some serious thought to these four things.

So much personal debt advice follows the same path. This advice can be flawed and limiting. Turn your debt on it's head for better results. Part one of Two