Debt consolidation is a strategy that combines multiple debts into a single loan or payment plan. This can simplify your finances and potentially reduce the overall interest rate, making it easier to manage and pay off your debts.

Debt consolidation is a strategy that combines multiple debts into a single loan or repayment plan. It aims to simplify payments and potentially lower interest rates or monthly installments. By consolidating debts, individuals can streamline their finances and work towards becoming debt-free more efficiently.

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