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If youre having trouble paying bills or want to get out of debt faster, debt consolidation could be a solution. But before you move forward with this debt relief method, its important to understand what it does to your credit, how the process works and your other options.
Heres a closer look at how debt consolidation works.
How Does Debt Consolidation Work?
Debt consolidation is a form of debt relief that typically involves taking out a new loan to pay off previous loans, combining the debtsconsolidating…
Read the full article at: https://www.forbes.com/advisor/debt-relief/does-debt-consolidation-hurt-your-credit/