Consolidating audio

What are common monthly expenses for a student living on their own, including student or car loans? Write a list of your expenses, figure out how much money you spend on each area, and what percentage of your income pays for each.Why would keeping a budget be important in managing your money?

Combining all your debt into one loan eliminates multiple payments to different lenders and allows you to restructure your debt at a competitive interest rate.Having more accounts is not automatically a negative factor in your credit history.For such installment loans, the important factors are how much total debt you owe and, of course, most importantly if you have missed any payments. It can be helpful if you have education debt from multiple lenders or student loan guaranty companies.Visit your local BB&T financial center to speak with a friendly, experienced BB&T lending specialist about finding a debt consolidation loan with rates and terms that meet your needs.Or, if you're thinking about using a home you own (or other real estate) as collateral, a BB&T Home Equity Loan or Line of Credit may be right for you.

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