Pay Bills Online - Debt Consolidation

	Pay Bills Online
	Debt Consolidation

Debt Consolidation
Debt Consolidation is a great way to save money if you do it right. Unlike a loan or bankruptcy, debt consolidation is a process that helps you reduce interest rates, lower payments and eliminate late payment fees. Debt consolidation companies can also help keep creditors from calling you.

How Does Debt Consolidation Work?

First, you would work with a debt consolidation company and give them information on which accounts you want to consolidate. They would draw up a budget for you and figure out what your debt payments would be.
Next, the debt consolidation company would contact your creditors and work out an alternate schedule for paying off your debt.
Then, you will just make a single payment every month to the debt consolidation company and they will pay your creditors for you.

Note: Only unsecured debt can be consolidated (i.e. not auto loans or mortgages)

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Debt Assistance

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