What is debt consolidation? It’s rolling several debts — like credit cards and medical bills — into a single payment at a lower interest rate. Ideally, this is part of a plan to become debt-free. When should I consolidate? Debt consolidation is a good idea if you can qualify for a lower interest rate that makes payments...
from NerdWallet
https://www.nerdwallet.com/blog/finance/debt-consolidation-250-words/
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