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@RyanFuchs 06/17/15 I would suggest working on paying off the debt yourself, and only using a debt consolidation company as a last resort.A debt consolidation company is simply going to talk with your creditors, pay the debts off for you, and then have you pay them one monthly payment – in other wor

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When you are swimming in debt, a debt consolidation program may sound like a dream come true. However, there are pitfalls to be aware of before signing on for one of these programs.

Debt consolidation advisors and companies typically evaluate your high-interest debt and financial resources and develop a plan to cut the high interest rates and get you a lower monthly payment. In short, what they do is take charge of your debt, leaving you with a lower interest rate that allows y

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This question is about Debt Consolidation Loans @adam_mccann 07/26/19 A debt consolidation loan is a personal loan used to pay off more than one existing debt at the same time. The borrower receives a lump sum of money from the lender and uses that money to pay off their other debts. Those debts thu