What is Debt Consolidation and How Does it Work?
Better Credit Blog
MAY 4, 2022
Some credit cards and loans have one-off set-up charges or origination fees to consider, too. If you take out a loan secured on your house or another asset and you don’t keep up repayments on it, the loan provider could seize that collateral. But, in the longer term, debt consolidation often improves your credit score.
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