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Tuesday, October 21, 2008

Consolidate now

With the uncertainty of our current economy and the rising cost of major - and necessary - things like gas, many people are finding themselves in a financial bind. One service that may assist in alleviating the financial load is debt consolidation, which is a solution to stopping your debt from spiraling out of control by eliminating multiple high interest rates associated with debt from various lenders. Bills.com has some debt consolidation tips and resources that can assist consumers in making the best decision for their situation.

A debt consolidation loan is an excellent way to start tackling your debt. When you use this type of loan you get money to pay off all of your various debts or get a better type of loan. For instance, changing from an adjustable rate mortgage to a fixed rate loan. Whether you want to lower your rates, get a loan or cut your payments you can become debt free much faster with a debt consolidation plan. Bills.com has all the debt consolidation resources you need to understand how debt consolidation can work for you and select the best option for you.

Another great feature of debt consolidation is that you’ll have one simple monthly payment, which will make paying bills easier. Debt consolidation is also a better alternative to bankruptcy or credit counseling.
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