Consumers think that because interest rates are so low right now, it might be ok to take on some extra debt to ease existing problems. A common refrain is to consolidate their debt into one nice big package that it's easier to pay off, less expensive, and there's only one payment after all. Be careful of this kind of thinking.
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[Source: Finance: Debt Consolidation Articles from EzineArticles.com - Posted by FreeAutoBlogger]
Will Debt Consolidation Cure Or Continue Credit Problems?
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