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Should I Consolidate My Loan? 4 Factors To Consider

The terms “consolidation” and “refinancing” are often used interchangeably, but they are not the same. It’s helpful to understand the difference. Consolidating a loan refers to taking multiple loans and merging them, while refinancing involves swapping a current interest rate for a lower one within the same loan. Consolidating can also eliminate the hassle of…


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