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Debt Relief – Insolvency – Bankruptcy Information » Debt Consolidation and Refinancing » What is the use of debt consolidation program?

What is the use of debt consolidation program?

I have debt problem and still now it is manageable. I just want to know the use of debt consolidation program. Is it really effective?

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One Response to "What is the use of debt consolidation program?"

  1. Sah says:
    Yes, debt consolidation program is effective in some situation. Debt consolidation programs are usually just a big loan that pays off other smaller loans. Sometime this program helps you or hurt you, which depend on your situation. You should also be aware that you may end up paying more total interest if you use a debt consolidation loan.

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