Debt consolidation combines multiple debts into a single monthly payment, typically achieved by obtaining a debt consolidation loan from a financial institution or by using a balance transfer credit card with a lower interest rate.

Authors

• Person: Not available Organization: Valley Credit Union
  Debt Consolidation vs Debt Management: Which Is Right for You?

Sources

• Debt Consolidation vs Debt Management: Which Is Right for You? www.valleycu.org Valley Credit Union via serper

Referenced by nodes (3)

• debt consolidation concept
• debt consolidation loan concept
• balance transfer credit card concept