Debt Consolidation - Anyone ever take advantage of this?

[KrazyKid]

@JRubino

Debt consolidation services don’t sound like an answer to me. Too much fine print and other crap they are trying to hide to make your worries go away.

Make bigger payments on your credit card if you can and obviously like you said, stop using the card.

Your car and school, continue making the minimum balance required and then when your credit card is paid off, take that money that was going towards the credit card and throw it at your car or school loan.

It sounds like the garage you want to build is more of a want then a need. I would hold off until your financial situation is a little more stable and you don’t have as many bills.

Yeah I hear you on that. If I were to go that route, I should pay off things in the order of intrest rate & ballance. so pay the heck out of my credit card to zero that out then work towards the car payment, and leave the school for last since its a 3.3%

I am staying in the house for a long time. the garage space is needed for projects, not only my projects. Also with the lift I can do alot more side work to pay for the lift itself and my debts. I have alot of side work people want done, but I dont have the resources to get them done. Granted I am not making a living off these but as i see it, it is paying for my stuff in the long run. So when i am 10 years older, i will have everything I need and will be set.