Debt consolidation often results in a reduction of the overall amount due because vendors may agree to accept less money, viewing it as less risky to work with a credit adviser than to rely on payment from an overwhelmed individual.

Authors

• Person: Not available Organization: EBSCO
  Understanding Debt | Business and Management | Research Starters

Sources

• Understanding Debt | Business and Management | Research Starters www.ebsco.com EBSCO via serper

Referenced by nodes (1)

• debt consolidation concept