Chances are, if you’re in debt, you have multiple sources from which that debt stems. Credit cards, bank loans and other types of unsecured credit can pile up before you know it. One of the most annoying features of paying off debt is keeping track of everything you owe. Sometimes you miss a payment simply because you never knew you needed to make it. When debt accumulates in this way it becomes stressful to try and tackle it altogether. Debt consolidation is meant to help with this issue by taking all of your debt and compiling it into one lump sum. With multiple debts rolled into one debt the payment process is streamlined, but does it make consolidation the right choice for you?
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