Cons of consolidating credit card debt

28-Jun-2017 14:49

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It's possible for the amount you already owe to escalate into uncontrollable territory over time.

These programs take around two to four years to complete and negatively influence your credit.The pros Being proactive and taking control of your debt as soon as you feel it getting out of hand can save you money and help you stay in a good position to take on other loans in future, such as a home loan.Learn more about Pepper Money Personal Loans products here or apply online now.When you start pursuing debt management options, you may get mixed messages from people in the debt relief industry.

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Because there is no general industry consensus as to what the best ways to manage debt are, we have narrowed down your options.

For information about whether a Pepper loan may be suitable for you, call Pepper on 13 73 77.