Definition of Debt Consolidation -- the taking out of one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan. It can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral. (Read the articles below to learn more.) List of Debt Consolidation articles as of May 05, 2011... Debt Management: Why the Critics are Wrong by BMA Editorial Team 3 In choosing a debt management provider, you should consider different factors. Enumerated below are useful tips on how to choose a firm that may bring you closer to financial comfort and eventually debt freedom. Consolidating Bad Credit as a Renter by BMA Editorial Team 3 Hundreds of companies have been started that provide ways for people to invest and save their money at a certain price. Many of these companies also give out loan...
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