Many individuals have become consumed by debt. With salaries stagnant, rising inflation, high unemployment and an ever-increasing global recession, it seems that people have fewer and fewer options to paying off their debt. Some only exacerbate their debt problem by making the same mistakes over and over again. They continue to live well beyond their means and extend their use of credit by taking on loans they can’t possibly pay and making purchases they can’t possibly afford. However, for those who’ve decided to tackle their debt and want to move forward on paying it down, what’s their best option? Well, the most common and widely recognized option is debt consolidation. Full Post…