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  • Debt consolidation

    debt consolidation

    Drowning in debt?

    First of all; what is debt consolidation and why do people do it?

    To consolidate means; to bring together or to group

    So the idea of debt consolidation is to gather all your individual pieces of debt e.g. overdrafts, credit cards, car finance, hire purchase, catalogue accounts, etc. and replace them all with one loan.
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