DEBT CONSOLIDATION SERVICE

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Sometimes people who have accumulated a significant amount of debt from a range of creditors will consider obtaining a "debt consolidation" loan, which will pay off most or all of their existing debt, and will often result in a smaller monthly payment than they were previously paying. While this can be a very good idea for some debtors, particularly those who have a lot of high-interest debts, it isn't always a good deal. Before you consider debt consolidation, you should closely examine the proposal and make sure it is right for you.

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