Best loans for consolidating debt

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From there, you can either complete and submit the feedback form or select “Additional Information” and contact the Student Loan Support Center at the phone number provided.

top This depends on where you are in the consolidation process.

It's important to check all of the other options available and make sure you're making the right choice.

While consolidating debt often sounds like a promising solution, this could make your situation worse.

Consolidating debt usually involves taking out new credit to pay off existing credit.

Most people do this to reduce the interest rate on their debt, to bring down their monthly payment amount or to reduce the number of companies they owe money to.

Debt consolidation can be a useful strategy in some situations but for many it can involve extra costs, and potentially makes a difficult situation much worse.

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