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Above all, the approach has to match the need and the comfort level of the borrower.
Some people prefer a DIY debt management plan, while others benefit from simplified singular payment of a consolidation loan.
C., said this topic comes up “pretty frequently” with her clients.
“A debt consolidation loan can help you manage your payments easier and less stressfully.The specifics of how consolidation works will vary by the type of debt you have and the method you choose.