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Pros and cons

Date: Fri, 09/03/2010 - 12:59

Submitted by anonymous
on Fri, 09/03/2010 - 12:59

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Total Replies: 1


What are the pros and cons of consolidation?


Quote:

Originally Posted by Anonymous
What are the pros and cons of consolidation?


The following will be the pros and cons of debt consolidation:

PROS


  • Lower Monthly Payments.

  • Reduced Interest rates.

  • Single Monthly Payments.


CONS


  • It will take you longer to pay off the debts.

  • With easier debt load, you might start using your credit cards and might get into debts again.


lrhall41

Submitted by paulcahill80 on Fri, 09/03/2010 - 13:10

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