Between auto loans, mortgage payments, and credit cards, the pandemic has left a lot of people deep in debt. If you are one of those who found it difficult to manage your debt situation during the pandemic, it’s crucial to find a solution that can help you get a grip on things before your financial situation worsens. Fortunately, there are several things you can do to manage your pandemic debt. One of the most effective ways of managing your debt is through debt consolidation.
What is Debt Consolidation?
To put it simply, debt consolidation is a way to combine all your debts into one single loan. This means that instead of making several payments to lenders, you will make a single installment each month. When done correctly, a debt consolidation loan can help you bring down interest rates and help you clear your debts faster.
How to Consolidate Debt
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