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Consolidated credit debt can be advantageous in that it is best suited to persons who cannot make minimum bill payments, however it is advised that the proper research is done to ensure that the program used will be effective without costly penalties or interest rates. Some of the disadvantages include the lowering of a credit score and loss of property in the event that the consolidated loan is not repaid.
What else can I help you with?
Is consolidate credit cards good or bad?
"For lots of people, consolidate credit cards are a good idea, but on the other hand, they don't work as great for some people. I suggest asking the company the advantages and disadvantages."
What are advantages and disadvantages of takeover?
There are many advantages and disadvantages of a takeover. Takeovers are powerful and often times offensive to a great many people.
What are Advantages and disadvantages of computer in banking sector?
The advantages of computers in the banking sector include accuracy, speed and the opportunity to notice trends. Observing this can allow beneficial and directed interactions grooming customers. The disadvantage is that customers are now numbers, not people.
What are the disadvantages advantages of granting credit to consumers?
Advantage : people can buy on credit n do their business by granting from financial instituionals n their by thus economy of a country rises n standard of people too. Disadvantage : as country's economy rises their will be price rise in every field n thus this all factors helps to push inflation . INFLATION is the main disadvantage.
How can someone improve a poor credit rating?
A person's credit rating can be improved by paying off old bad debts or unpaid bills that may be affecting your credit rating. Some companies will give people with poor credit a credit card to clear all old debts and consolidate their debts into one payment.
Is consolidate credit cards good or bad?
"For lots of people, consolidate credit cards are a good idea, but on the other hand, they don't work as great for some people. I suggest asking the company the advantages and disadvantages."
What are advantages and disadvantages of gun ownership?
Advantages: self protection Disadvantages: accidentally kill people
Advantages and disadvantages of production?
if i recall advantages is -more merchandise -faster output disadvantages - people lose jobs
Disadvantages and advantages of displaying religion?
Disadvantages--it may offend some people. Advantages--remind one of spiritual path.
What are some advantages and disadvantages of being a comedian?
Advantages: Most people like you, possibilities of fame Disadvantages: People expect you to be funny all the time, hecklers,
What are advantages and disadvantages of takeover?
There are many advantages and disadvantages of a takeover. Takeovers are powerful and often times offensive to a great many people.
What are the advantages and disadvantages of machines?
advantages: You can get to places faster Disadvantages: pollution people die from car crash :) people enslaved in the matrix john conner must die
What are the advantages and disadvantages of a disguise?
People will and won't recognise you ! Simples
What are the advantages and disadvantages of RA 10175?
to protect people from crime
Is it possible to consolidate all credit cards and make one monthly payment?
Here is a site that can answer this www.shieldcredit.com/ . Yes it is possibly to consolidate your credit cards into one easy payment , and many people find this easier then a lot of different payments.
What advantages and disadvantages did the factory system bring to society in the Industrial Revolution?
the advantages is people have strong will and the opposite is strong have people get it?!
What is a no credit check loan?
A no credit check loan is a great option for people with bad credit or even no credit who need to obtain some monetary gain quickly and consolidate debt loans effectively.
