subject: Debt Consolidation Relief - Is There Any Such Thing As Free Debt Consolidation? [print this page] However, if you take out a loan to consolidate your mortgage, you are only stepping into another debt. Be advised that some mortgage contracts stipulate that if you refinance your home during the contract agreement, you may face penalties, which may include paying off your first home, your second home, and the interest rates included. Therefore, if you are considering debt consolidation, consider the entire picture first-and don't ever fall for the bogus claim that any debt consolidation will actually be free.
Debt Consolidation Relief - Is There Any Such Thing As Free Debt Consolidation?