Can anyone comment on the use of debt consolidation loans? I had a free consultation with a debt specialist http://debtconsolidationloans.eoltt.com and recommended by a loan debt consolidation as a possible solution.
Whatever you do, DO NOT pay the unsecured debt secured debt (like your home equity.) If you lose your job or for any reason you do not pay, you can end up losing your home, when previously it would have. If unsecured unsecured, then compare interest rates and terms. Look at it as a transfer balance between credit cards.
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