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April 20, 2021 8:02 AM Kiah Treece - Forbes Advisor
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Updated:
April 22, 2021 10:06 AM
Between credit cards, student loans and auto loans, it can be difficult to keep track of payments and balances on outstanding debts. Consolidating these debts into a single loan may streamline your finances, but the strategy likely won’t fix underlying financial challenges. For that reason, it’s important to understand the pros and cons of debt consolidation before committing to a new loan.
To help you decide whether debt consolidation is the right way to pay off your loans, we’ll walk you through the advantages and disadvantages of this popular strategy.
Pros And Cons Of Debt Consolidation kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.