Why Debt Consolidation Does Not Always Work

Yes, financial analysts and debt counselors everywhere usually recommend debt consolidation loans as a solution for those who can no longer keep up with the loan payments, no matter the type of loans they have.

Unfortunately, in over 50% of the cases, the borrowers end up in the same ungrateful situation of owing more than they can afford to pay. Why does that happen? Why does consolidating debts not provide the desired results?

Before going for debt consolidation, analyze how you acquired all those debts!

Yes, in theory, consolidating your debts will get you lower monthly payments, no matter if they are obtained by extending the repayment period, getting a lower interest or a combination of the two. In practice, if you keep spending irresponsibly, if you do not give up your recently paid out credit cards and you do not find a way to lower your monthly expenses, you will keep spending more than you can afford and end up in the same ungrateful situation of not being able to keep up with your payments.

Debt consolidation should be the final step of a complex rehabilitation plan!

Just like alcohol addicts need to admit to their addiction and want to heal before they can actually do it, you too need to admit that you have a spending problem and want to solve it before you can deal with the consequences this problem brought about. Read more here – http://www.toptenreviews.com/money/debt/best-debt-consolidation-companies/.

Therefore, instead of thinking of what ingredients you need in order to cook your meals, think of what you can cook with what you already have around the house. Instead of thinking of what new clothes or new gadgets you need, think of how to make the most of what you already have.

Before you hand out your credit card or pull any money out of your wallet, ask yourself three times: do I really need this item? Analyzing and changing your spending habits is the first and most important step of repaying your debts.

If you succeed in this, you may not need a consolidation loan after all, but, if you do, you will at least know for sure that this loan will get you out of the debt circle and help you regain control of your budget and your life.

Debt consolidation fails to bring the relief most borrowers search for, not because it is not a good solution in itself, but because it is wrongly applied, because the borrowers make the same mistakes that brought them in debt in the first place, mistakes that you will hopefully correct.

Learning More About Some Of The Health Benefits Of Coq10

You’ve probably heard about coenzyme q10 by now many times, but if you didn’t, then don’t worry about it. This is practically a special enzyme in the body that helps protect you from many types of diseases and conditions and on top of that, it also improves your energy levels. However, there are many more benefits to taking coenzyme q10 supplements, so let’s take a better look at some of them below.

Benefits For The Heart

In general, the benefits of coenzyme q10 supplements that you can generally get from http://www.amazon.com/Purely-Holistic-CoQ10-Coenzyme-Supplement/dp/B00T7KHCM8/ are readily seen in those who suffer from heart disease. In a study that was conducted by a very popular university in the United States, it was discovered that patients suffering from heart disease that were administered coenzyme q10 after having a heart attack, experienced a major decrease in the likelihood of experiencing a subsequent heart attack.

So why is it so beneficial to the heart? Well, it’s because the heart is the single largest and most active organ in the body where the highest amounts of coenzyme q10 can be found. Obviously, that means it needs this coenzyme in order to function healthily and properly, so by taking supplements every day, you’re going to maintain and improve your heart health.

Congestive Heart Failure

It seems that in Japan coenzyme q10 has been used for many years in order to treat congestive heart failure and the results are pretty impressive. The doctors claimed that the enzyme helps reduce the disease’s main symptoms and also improves the heart muscles which leads to reduced heart swelling caused by CHF. In some cases, it seems that the heart can also return to its normal size.


There are many studies that have confirmed the fact that people who take coenzyme q10 for a period of three months will be able to decrease their high blood pressure and therefore safeguard themselves from a wide range of health risks.


High cholesterol is most of the time correlated with low levels of coenzyme q10 and currently there are many researchers that are trying to get a better understanding of the link between the 2. On the other hand, given the fact that the majority of medications used in order to help people lower their cholesterol levels exhaust the levels of coenzyme q10, researchers believe that supplementing the body with it is going to help improve people’s health.