Tagged: debt consolidation

TransUnion study dives into debt consolidation techniques

A new study from TransUnion shows the measures many Americans take to rid themselves of high-interest credit card debt are but a temporary reprieve. “Debt Consolidation in a Rising Economy” describes how many turn to unsecured personal loans to consolidate their debts. Data generated between April… Read More

RateSetter Explains how to Consolidate Existing Borrowing with Your Current Loans or Take Out New Loans

Lending platform RateSetter explains that a debt consolidation loan might be a good or suitable way to make managing your funds easier by “rolling your existing borrowing into one simple monthly payment.” RateSetter, which was once a leading P2P lender that has now sold its… Read More

TransUnion: Debt Consolidation Usually Results in Improved Credit Scores and Better Overall Credit Performance

Chicago, Illinois-based TransUnion (NYSE: TRU), a company that provides credit reports and credit scores, released a study on October 30 in which it looked at what happens when consumers take out a personal loan to pay off their credit card debt. The study revealed that… Read More

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