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NOTICE: PLEASE BORROW RESPONSIBLY. A SHORT TERM LOAN SHOULD BE USED FOR SHORT-TERM FINANCIAL NEEDS ONLY, NOT AS A LONG-TERM FINANCIAL SOLUTION. CUSTOMERS WITH CREDIT DIFFICULTIES SHOULD SEEK CREDIT COUNSELING OR MEET WITH A NONPROFIT FINANCIAL COUNSELING SERVICE IN THEIR COMMUNITY.
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Date: 2016-11-24 19:32:54
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Bank Loans: Meaning, Features, Advantages and Disadvantages
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Meaning:
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By Elizabeth Palermo, BusinessNewsDaily Contributor
May 6, 2014 09:14 am EST
MORE
What kinds of business investor is right for you? / Credit: Investment image via Shutterstock
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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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