1. Another option is a debt consolidation loan, which rolls all debts into one large note with a single monthly payment. 2. Avoid debt consolidation loans. 3. Boas advises against borrowing more money through consolidation loans or home equity loans to pay off debts. 4. Continued use of your credit cards will defeat the purpose of the debt consolidation loan and may put you in even worse shape. 5. Maybe the Duchess Fergie could qualify for a bill consolidation loan from The Money Store. 6. Q. What about taking out a consolidation loan? 7. Some lenders offer consolidation loans only to borrowers who have at least one of their student loans from them. 8. Sure, there are loud ads on TV for debt consolidation loans and home equity lines of credit. 9. The Federal Family Education Loan Program also offers some repayment options for its borrowers, as well as consolidation loans. 10. The terms for consolidation loans among the various lenders are similar, but it pays to shop around. |
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