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How exactly does debt consolidation reduction efforts?

How exactly does debt consolidation reduction efforts? Debt consolidation reduction is about simplifying your money. Below are a few examples to demonstrate exactly how debt consolidation works in Canada. Situation 1: lower your monthly obligations, interest and tenure Let’s say you’ve got 3 bank cards and owe a complete of $20,000 at 20% yearly speed compounded month-to-month. (Although the typical...