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2. • Consolidating Debt usually involves taking out new credit to
pay off existing credit. Most people do this to reduce the
interest rate on their debt, to bring down their monthly
payment amount or to reduce the number of companies they
owe money to.
• Debt Consolidation can be a useful strategy in some
situations but for many it can involve extra costs, and
potentially makes a difficult situation much worse. That's why
it's best to get expert debt advice before taking out a
consolidation loan.
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3. Debt consolidation and debt management are two different things
but it's easy to get confused between the terminology used when
trying to sort out your Debts. Debt consolidation involves taking
out new credit to pay off your debts and Debt management is
where you negotiate affordable payments with the companies you
currently owe money to.
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4. • Applicant should have two or three debts
• Debts should be pre payable
• Creditors should agree at early payments
• New Monthly installments should be affordable
accordingly.
• Debts should be free from pre payment penalties to
avoid extra financial Burdon.
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5. Advantages offered by the Debt consolidation program:
1. Lower interest rate
2. Payback conditions
3. Reimbursement
4. Lessening in Late fees
5. Best eradication from other Debts
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7. • You do not have to worry about making several
payment to different places
• You pay lower interest rates
• You complete the payment of your debts
relatively faster
• You are saving money in the process
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8. Apply today for fast Unsecured Debt Consolidation Loan.
Our services is open 24*7
Website : http://www.sfsfinance.co.uk
Blog : http://www.sfsfinance.co.uk/blog
Website : http://www.sfsfinance.co.uk
Blog : http://www.sfsfinance.co.uk/blog