Question and answer
how can debt consolidation help you when your in debt?
Question
Asked 2/8/2011 9:26:36 PM
Updated 8/31/2014 1:58:19 PM
2 Answers/Comments
This conversation has been flagged as incorrect.
Get an answer
Original conversation
User: how can debt consolidation help you when your in debt?

Weegy: I cannot say for sure, if you plan well and spend wisely it will get better :)
sls23|Points 1027|

Question
Asked 2/8/2011 9:26:36 PM
Updated 8/31/2014 1:58:19 PM
2 Answers/Comments
This conversation has been flagged as incorrect.
New answers
Rating
3
Debt consolidation can help a person in debt psychologically by providing a sense of relief. Financially, the person in debt will also have a smaller monthly payment once debts are consolidated than when they were separate.

Added 8/31/2014 1:58:19 PM
This answer has been confirmed as correct and helpful.
Comments
It can help you to pay faster the money back.Debt Settlement is a negotiation by a settlement service provider or lawyer with your creditors to pay back a portion of your unsecured debt. You make monthly deposits into a debt settlement account in an amount you can afford. You do not make monthly payments to your creditors. When settlements are reached with creditors, settlement payments are paid from the debt settlement account. Settlement will have a negative impact on your credit.
Added 2/8/2011 10:47:24 PM
Add an answer or comment
Log in or sign up first.
27,210,248
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
What is Amendments III?
Weegy: The First Amendment prohibits the making of any law respecting an establishment of religion, impeding the free ...
8/13/2018 7:06:29 PM| 3 Answers
15. What is 26% as a fraction in simplest form?
Weegy: 22% as a fraction in the simplest form is 11/50.
8/15/2018 9:52:26 AM| 3 Answers
Which of the following is an example of an improper fraction? A. ...
Weegy: 3 3/5 as an improper fraction is 18/5. User: If three bags of birdseed cost $14.16, how much will 14 bags ...
8/10/2018 9:11:54 AM| 2 Answers
Which of the following is a risk of large-scale government ...
Weegy: Higher prices and interest rates is a risk of large-scale government borrowing. User: Money lent to a ...
8/15/2018 5:46:58 PM| 2 Answers
S
L
Points 176 [Total 176] Ratings 0 Comments 136 Invitations 4 Offline
S
L
R
P
R
P
R
Points 149 [Total 609] Ratings 0 Comments 29 Invitations 12 Offline
S
L
P
P
Points 131 [Total 585] Ratings 0 Comments 131 Invitations 0 Offline
S
L
Points 110 [Total 110] Ratings 0 Comments 70 Invitations 4 Offline
S
R
L
R
P
R
P
R
R
R
Points 55 [Total 877] Ratings 0 Comments 5 Invitations 5 Offline
S
Points 16 [Total 33] Ratings 0 Comments 16 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 0 Comments 12 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 0 Comments 2 Invitations 1 Online
S
Points 10 [Total 40] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.