Press Releases from Consumer Debt Consolidation (1 total)
Debt Consolidation vs Loans
Debt consolidation means one thing: a consolidation of multiple debts, into one debt, and one payment. Unfortunately, it is often paired with the word “loan” by banks and mortgage institutions offering a “debt consolidation loan” to escape from the debt pressure.
In reality, some of these debt consolidation loans end up as interest second mortgages on homes, or exorbitant home refinancing. Second mortgages on your home…