| | | |  | Debt Consolidation Loan |
| | | | | | Debt Consolidation Loan
A debt consolidation loan can help you avoid bankruptcy and/or better manage your finances. The proceeds are used to pay off existing credit cards, loans and other debt. These loans generally offer a lower interest rate than credit cards and current loans. They often have a lower monthly payment than the combined payments from existing debt. However, these loans may extend the years of repayment and increase the total amount that is repaid. |
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