Continuing on with my by now pay later discussion that I had with my son, I decided to look into getting a debt loan for us, and try to get out from underneath the ever mounting pile of bills that we have. Every thing I have read online says that interest rates are just going to continue to climb, and it leaves me wondering if now is the time to get a loan, and lock in an interest rate before it all gets out of control. Did you know that unsecured debt is highest amongst people in their early thirties? This is just not where I want my kid to be someday.

I found a really good article on consolidation loans. Basically what it says that taking out a consolidation loan is going to leave you with an even larger debt. It makes you think you are doing the better thing because you are paying back smaller amounts a month, but in the long run, the amount you are paying back is a lot. There was also a good article on pawn shops. I was just saying the other day that pawn shops have to make a killing in my town because of all the people with gambling problems. So at this point, I’m just not sure on the route we are going to take to get our lives back in order.

debt loans, consolidation loans

On this day..

• Hoobastank - The Reason - 2005
• Man With Chain Saw Allowed to Enter U.S. - 2005
• Yay For Summer - 2007
• Fire Up The Grill Honey - 2007
• MGM Grand Fun - 2007