Archive for October 3, 2006

Debt Consolidation Mortgage: What You Should Know

What exactly is a debt consolidation mortgage?

If you are having difficulties in meeting your monthly obligations, then consider getting a debt consolidation mortgage. Simply put, a debt consolidation mortgage is a loan which puts up your house as collateral. It is a type of residential mortgage that combines all your existing loans into a single one.

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Student Loan Consolidation: Important Things to Consider

Student Loan Consolidation: A Definition

Whenever you combine several student loans into a single loan, that loan can technically be called a student consolidation loan. Student loans are consolidated for reasons similar to other loans – in other words, to unify many payments under a single one, ideally under the lowest possible interest rate. This will result in smaller payments, and hopefully longer repayment periods. The combination of these two factors makes getting out of debt a much simpler task.

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