Debt Consolidation - The AdvantagesFor Consolidating Credit Debt

What's more, consolidating debts can 'free up' lines of credit such as credit cards

. Someone who was at or near their credit card limits could consolidate their debts - and suddenly be able to borrow thousands more on their cards! Clearly, this is dangerous, unless they cut up those cards as soon as they pay off their credit card debt, or unless they know they'll be able to resist the temptation to use that credit.

Debt Consolidation - The AdvantagesFor Consolidating Credit Debt

By: jerryarcher

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