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different from a debt consolidator?

April 26, 2017consolidator debt different

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different from a debt consolidator?

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Most debt consolidators simply attempt to reorganize your debt into smaller monthly payments, and do not reduce your total amount of outstanding debt. In fact, using a debt consolidator may leave you more in debt. If you decide to use a debt consolidator, it is advisable that you do your research with your local business protection bureaus in order to assure yourself that you do not fall prey to a financial “scam.