A debt consolidation loan combines multiple debts into a single loan with one monthly payment, which can be obtained through a second mortgage, a home equity line of credit, or a personal loan from a bank or finance company.

Authors

• Person: Not available Organization: Federal Trade Commission
  How To Get Out of Debt | Consumer Advice

Sources

• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper
• How To Get Out of Debt | Consumer Advice consumer.ftc.gov Federal Trade Commission via serper

Referenced by nodes (1)

• debt consolidation loan concept