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Debt consolidation involves obtaining one large loan from a bank, credit union, or online lender to pay off multiple unsecured loans, such as credit card debt, with an expected payoff period of 2 to 5 years.
Authors
Sources
- Debt Consolidation vs Debt Management: Which is Best? www.incharge.org via serper
Referenced by nodes (2)
- debt consolidation concept
- credit card debt concept