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5 Myths About Debt Consolidation Debunked

Are you wondering whether to go for debt consolidation or not? Maybe you have heard some rumors about it and need some new perspective. Debt consolidation is nothing but merging all your debt into one loan with a lowered interest rate and extended repay period. It might seem easy and straightforward but it’s not. There are many terms and conditions that are involved which make applying for a debt consolidation a headache. Here are the 5 myths about debt consolidation loans. 1. It is bad for your credit score Consolidating your ...
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