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What to Know Before You Consolidate Debt
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What to Know Before You Consolidate Debt
Debt can get overwhelming fast. One credit card turns into three. Then comes a personal loan, maybe a medical bill, and suddenly it feels like your entire income is going to different payments each month. That’s when many people start thinking about debt consolidation. It seems like a smart solution. Combine everything into one loan, lower your interest rate, and make a single monthly payment. Simple, right? Not always. Debt consolidation can be…
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