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Is debt consolidation only for people on the verge of bankruptcy?

April 26, 2017Bankruptcy debt consolidation people verge

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Is debt consolidation only for people on the verge of bankruptcy?

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No! Debt consolidation gives people of all debt profiles a tool to lower their monthly payments. You may not be considering bankruptcy but are having a little trouble paying your monthly bills; a debt consolidation service may still help you by reducing (perhaps eliminating) the interest rates and late fees your creditors are charging you.