With consumer debt in the United States reaching $2.4 trillion and the recession pushing many families toward fiscal disaster, many people are looking for an easy way out. Debt consolidation has become a hot trend, with a number of organizations popping up to consolidate debt together into one lower monthly payment. For homeowners, the option of rolling debt into a mortgage can be appealing and has the potential to save hundreds of dollars in interest, but comes with some caveats.

For those interested in consolidating debt into your mortgage, here are some points to keep in mind: Continue Reading >>

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