Debt Consolidation

What is Debt Consolidation?

Debt Consolidation is the practice of combining ones debt into one solitary loan and is usually used to secure either a lower interest rate loan, secure a fixed interest rate or simply for the purpose of servicing one solitary loan. In today’s tough economic climate, people’s credit card debt is sky-rocketing and student loans threaten a person’s financial independence before they even enter the workplace. There are many reasons why a person would choose Debt Consolidation and there are many options for them to select from.

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