One day while I was on my way to Manila I heard the new from an AM radio station some debate about bill consolidation loans and it made me curious for a while. The first speaker I heard is about him telling the benefits of having your bills consolidated like for example, the interest rates will be kept minimum to enable the debtors to pay without the chance of paying the over dues. And in defense with what that speaker said, another one said that how about the real bills that need to be paid exactly and the interest rates that comes with it. Now my mind is wondering, is it really necessary? All I know is that yes, it is necessary from time to time especially when it comes with a greater price and the rate should be reasonable.

As for another topic which is about getting a student loan and is easily defended by the speakers. It may be applicable to many countries but here in our country which our credit and loan companies have a high acceptance standard, a student may not be required to have a loan until they have the their own properties for collateral in which can only be obtained from their own salaries. But as for the working students, they may find it easier to have a loan but will be kept in a minimum. They also have the privileged to have their free credit report whenever they need to balance their budget or whenever they need it.