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Old 01-03-2018, 07:12 AM
jennys jennys is offline
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Join Date: Aug 2017
Location: London, United Kingdom
Posts: 17
Smile What is Debt Consolidation Loans ?

Hello guys will you please explain it.
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Old 01-04-2018, 06:16 AM
jkb jkb is offline
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Join Date: Dec 2017
Location: Mumbai, India
Posts: 2
Default Re: What is Debt Consolidation Loans ?

Debt consolidation means combining multiple debts/loans into a new loan (Debt consolidation loan) with a favorable terms such as lower interest rate, tenure, etc. Basically Debt consolidation loan is used to pay off other debts.
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Old 01-09-2018, 02:53 AM
divi divi is offline
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Join Date: May 2017
Posts: 129
Default Re: What is Debt Consolidation Loans ?

Debt Consolidation loan means a new loan will be provided to clear your previous debts. But the interest rates depend on the bank you are planning to go for. http://www.mymoneysouq.com/loans/deb...on-loan-in-uae Read this you will understand better and you can compare interest rates
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