We’re Getting a Debt Consolidation Loan, and I’m OK With That

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Hot off the presses, EOD Nation, despite all you may have read, debt consolidation loans are not evil. Even after completing a debt management plan in which we paid off $109,000 of credit card debt, my wife and I knew we still had actions we had to take to really get our finances completely on the right path. One of those actions is paying off two additional lines of credit that could not be included in our debt management plan. Our goal was to consolidate these two lines of credit with a single consolidation loan. We applied for such a […] Read more »

What Does It Mean To Get Our Finances Back On Track?

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Goal: Get our finances back on track. Yep, that’s the goal, but what does that really mean? The thing I talk about most frequently is the $109,000 in credit card debt that my wife and I are paying off through the help of a debt management plan. While it is the biggest and most visible item, it’s not the only thing that needs to be done to repair the damage done by the thirteen years of over spending that left us at the edge of financial disaster. It’s completion, however, will unlock our ability to finally put into place the […] Read more »

Just Say NO To Debt CONsolidation!

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Once a month I may get something from a company that wants to partner with Enemy of Debt in some way. The one I received today was a little different but not really.  She claimed to read a blog of mine, but maybe she needed to read more of them before contacting me.  Her company was nothing more than a debt CONsolidation and negotiation company.  My response was respectful, but to the point. The OFFER: Hi! I was checking out an article called “I Hate Debt, What About You” on your site www.enemyofdebt.com, and was thinking that I have a […] Read more »

A Gentle Scream!

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  How can a scream be gentle? Debt CONsolidation is a CON.  It’s what normal people do and normal people are broke.  normal people do it because they are conned into believing that it will solve all their problems.  If saving interest on a few STUPID debts and giving it to the broke guy conning you, is your idea of fixing your problems, then consider being weird for a moment. Why pay someone to cut you? Paying someone to “work out your life” is not what you need.  All you are doing is moving your debt, that’s it.  There’s not […] Read more »