Understanding Debt Consolidation: What is it and how to do it?

Submitted by IndiaLends | October 20, 2023, 09:05:47 | Business

We may sometimes manage multiple financial obligations all at once. With multiple loan EMIs, credit card bills and other bills, it becomes really tough to keep track of what has already been paid and is yet to be paid. To consolidate these loans, you can take a single personal loan of the amount of ₹12,60,000 @12.5% for 3 years. Debt consolidation means getting a new loan or credit card to pay off the old ones.

Source: https://indialends.com/blogs/understanding-debt-consolidation

Tags: Debt Consolidation
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