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What Is Debt Consolidation?
Apr 14 2022
Length: 3 mins
Podcast

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What Is Debt Consolidation?

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Summary
debt consolidation loans don’t erase the original debt. Instead, they simply transfer a consumer's loans to a different lender or type of loan. For actual debt relief or for those who don't qualify for loans, it may be best to look into a debt settlement rather than, or in conjunction with, a debt consolidation loan.

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