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June 01, 2006
Unsecured Debt Consolidation
Unsecured debt consolidation loans are loans that individuals take out from a bank without placing any collateral for the loan. Such loans are availed to pay off credit card debt or medical bills. Normally, debt consolidation is undertaken to reduce and eliminate debt by paying off a high-interest unsecured loan, like credit card debt, with a low-interest secured loan like a home equity line of credit. Debt consolidation thus helps in lowering interest rates, which works in the long run to eliminate debt
From Unsecured Debt Consolidation
Posted by Greg at June 1, 2006 02:02 PM
