Dave ramsey on consolidating college loans
If you don’t hate it yet, proceed to step 2 and I’m pretty sure you’ll come around. Be proactive and go pull a credit report right now, take all of your credit cards out of your wallet, write down your interest rates, look at your debt right in the eye—every piece of it—your credit cards, your house, your car, your schooling, that loan from your parents, everything. If you really hate debt, you have to be willing to live a little extreme for a while until you get your bank account under control. The creditors aren’t required to help you, but they might.
It’s like turning up the music loud in your car so you don’t hear the clanking engine.In a very short time I’ve saved up a few emergency funds! First, you have one, single monthly payment instead of several. If you have a bad habit of paying your bills late, you’ll reduce the potential for late payments, fees and even the amount of calls from the creditors too. If that’s your bad habit, you’re ruining your credit.