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What are the benefits of a debt consolidation program?

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What are the benefits of a debt consolidation program?

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Our Debt Management Program combines two essential elements: the ability and the motivation to get out of debt. Under such a plan, you make one convenient monthly payment to Federated Financial and we disburse all funds to your creditors. Usually this payment is lower than current minimum payments and it is always within your financial ability to pay. When Federated Financial pays your creditors, it is almost always at a lower interest rate so that your payments actually go toward reducing your debt.

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