When you consolidate your credit card debt, you are taking out a new loan. You have to repay the new loan just like any other loan.
How is it different and how will it effect your finances? At MMI, we strive to change how America overcomes financial challenges; one person, one experience, one solution at a time.
Debt consolidation rolls high-interest debts, such as credit card bills, into a single, lower-interest payment. It can reduce your total debt and reorganize it so you pay it off faster.
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