Wrapping your debt comes with a raft of finincial benefits. It can however also help relive you of some of the stress that comes with managing multiple debts and accounts.
You can do this by completing a balance transfer, tapping into your home equity or taking out a debt consolidation loan.
Debt consolidation combines all your outstanding credit debts into one loan or a singular monthly payment.
There is no set amount of debt as lenders don’t have this requirement.
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COMPARISON RATE WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rates are based on a loan amount of $150,000 over a loan term of 25 years.
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