« Beware Of This Debt Consolidation Lending | Main | Credit cards don't pay off for college »
September 07, 2006
The Consolidation of Your
Debt consolidation is the process by which a debt consolidation agency negotiates with all of a borrower's creditors, to arrive at a low monthly payment obligation to satisfy all your current debt accounts. This results in the necessity to pay just one lump sum of money to a single creditor, the debt consolidation agency, at a lower rate of interest than the average of the sum of the interest rates of all a borrower's debt
From The Consolidation of Your
Posted by Jason at September 7, 2006 11:20 AM
