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How does a student loan consolidation work?
Asked by unknown
1 Answers
Simplifying your life is a side benefit of consolidation the main reason people do it is to get a fixed lower interest rate so they can pay their debt down faster. The same is true for student loan debt consolidation, except that federal student loans cannot usually be consolidated with other debts.
Do the debt relief programs work?
Asked by unknown
1 Answers
Debt Settlement Programs. Debt settlement programs typically are offered by for-profit companies, and involve them negotiating with your creditors to allow you to pay a settlement to resolve your debt â a lump sum that is less than the full amount that you owe.
What is debt consolidation?
Asked by unknown
1 Answers
Debt consolidation is the act of combining several unsecured debts into one bill which can help you manage your bills in case you cannot pay several bills with different due dates.