Browsing Category : Debt consolidation

Pros and Cons of the Consolidation Loan


What is a consolidation loan? A consolidation loan is a combination of several debts into one. A bank that provides such a service usually buys customer liabilities, which from then on repays installments to one lender instead of several. As part of a consolidation loan, you can combine, for example, cash loans, installments for a car or other equipment, credit…

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