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**Amount calculated above is just for representative purpose, Actual APR may vary according to your state and loan period.
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Bank Loans: Meaning, Features, Advantages and Disadvantages
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Meaning:
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home > home mortgages > home equity > loan types > bad credit
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By Elizabeth Palermo, BusinessNewsDaily Contributor
May 6, 2014 09:14 am EST
MORE
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What is Debt Consolidation? | E-LOAN
Debt consolidation combines several loans or debts -- usually credit card debt -- into one low payment. This can lead to lower interest rates and lower monthly payments.
A debt consolidation loan can cut those numerous high-interest debts down to size into one low-interest loan. How do you qualify for a debt consolidation loan? Do you have to own a home? We'll clear this up for you.
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