Entry
What is loan
What is mortgage
what is debt consolidation
May 12th, 2008 21:23
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Mortgage, loan and debt consolidation means same thing
When you consolidate debt, you are combining of all your unsecured
monthly bills into one monthly payment. This type of debt
consolidation
does not offer loans, instead, the counselors work with clients and
their creditors to reduce their overall interest rate, monthly
payments, and most importantly the time it takes to pay off their
debt.
Our goal is to help you find the office with excellent
costumer service and years of industry experience.
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Another kind of loans are faxless payday loans,
You contact a payday loan lender and they will then, if they approve
your loan and make sure your money is transferred in to your account
in 24 hours.
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A. Debt consolidation is a process of restructuring your existing debt
with your creditors. Debt consolidation is NOT a loan, and does not
require you to take out a second mortgage on your house. We negotiate
with your creditors to obtain the lowest monthly payment needed to
satisfy your current accounts, along with reducing or eliminating high
interest rates.
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