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What is debt consolidation?

Written by Monisha Begum

Debt consolidation allows you to combine multiple existing debts into a single, larger loan. This allows you one easy repayment schedule and potentially a lower overall interest rate. You can consolidate any credit card, personal loan, car loan, overdraft or line of credit with us. We unfortunately don’t consolidate mortgages or buy now pay later. Also, the debts you want to consolidate must add up to at least $2,000 in order to be eligible for a debt consolidation loan.

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