And what happens when you forget your monthly credit payments? Those nice friendly guys at the loan company who wanted to increase your credit card limit only last month now turn into Don Corleone and the boys from Mob! They start to slap on late charges and the exorbitant interest now starts to attract interest on itself and, and Well you get the picture. No matter how good their offer sounds always tell them that you will need to think about it. That not only does that make you sound financially responsible but it allows you to go back to other lenders and say hey I've been offered this by ABC Bank can you beat it? Of course if they do tell them you will get back to them and go back to ABC Bank and say I've been offered this by XYZ Bank can you beat it? It is not just the reduction in the amount of money they have to find each month that makes debt consolidation loans so appealing to people. Perhaps the greatest benefit of all is the peace of mind such loans can bring. For anyone who has been haunted by the worry of how they find enough money every month to service their debts they can be the answer to their prayers. Poor credit isn't necessarily a barrier to you getting a loan to consolidate your debt as the companies understand your situation. There does though have to be an explanation when you apply for a loan for debt consolidation. Poor credit requires you to explain how you came to be in arrears and, just as importantly, why things are going to be different now. Your choice is limited only by your imagination and of course the depth of your pockets! Whichever way you decide to invest there are some "rules" which carry across regardless. One of the fundamentals is to know what you are doing. Without this you are not investing but gambling. Let's take an example of the silver markets about 30 years ago. Online savings accounts are open 24/7, so you even if you want to make a transaction at 2 in the morning, you can very conveniently do it through your computer, your laptop or even your mobile phone. Also, since these banks are operational through the Internet, you don t have to worry about not being in the country to make a particular deposit or a withdrawal from the account.