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is loan consolidation too good to be true?

This entry was posted on Sunday, May 3rd, 2009 at 8:28 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “is loan consolidation too good to be true?”

  1. ▒▒▒WAVES▒▒▒ on May 3rd, 2009 at 8:28 am

    It’s just borrowing more money at (hopefully) a lower % rate.
    That’s it. What are they offering you? Watch it as there’s plenty of scammers out there.

  2. It’s both depending on what you’re consolidating. If you are consolidating student loans - no biggy. If you are consolidating debt from multiple areas watch for fees and penalties. Sometimes when you consolidate they hold your assets hostage and are not forgiving for late payments. Basically, read the terms carefully. It can be a positive option but may affect your credit score.

  3. [...] IS LOAN CONSOLIDATION TOO GOOD TO BE TRUE? | LOAN CONSOLIDATION Posted by admin in Uncategorized on 05 3rd, 2009 | no responses I am disagreeable to end whether to consolidate my clannish and federal loans, and having a hornlike instance deciding. it seems likewise beatific to be true, but also unavoidable Read the example here:  is give compounding likewise beatific to be true? | Loan Consolidation [...]

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