Debt Consolidation
QHow Can Debt Consolidation Reduce My Monthly Payments?
AThe goal of a debt consolidation loan is to make your monthly payments smaller to the point where you can actually pay them without accruing more debt or dents in your credit. Many debt consolidation loans extend the loan term beyond what your current loans are. While this does mean you will be making payments over more time, it also means these payments will be more manageable and you will likely be better off.