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Old 12-05-2008, 04:09 PM
lanaa lanaa is offline
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Join Date: Aug 2008
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Quote:
Originally Posted by dreamy View Post
Is debt consolidation smart? Do you think this is something you have to do when you have accommodated a lot of debt or is something that should be avoided at any cost?
It may not be the smartest thing to do but if you have no other choice, do it. The thing that was not smart is that you accumulated so much debt that you can't pay it any longer and you have to consolidate and pay higher interest and pay it for longer period...
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