William Mwangi

Debt consolidation involves taking out a loan to pay off outstanding debts. Although debt consolidation lends itself as one of the most effective ways to catch up to our debt repayment obligations, it is a poorly understood strategy, and this prevents people from enjoying its benefits. In this article, we will explore some common misconceptions that make people either nonchalantly trusting or unnecessarily wary about taking on debt consolidation.

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