Debt Consolidation FAQs
Do I need to be a homeowner to consolidate my debts?
You can consolidate secured or unsecured loans. A secured loan is any borrowings which offer an asset, usually the equity in your property, as collateral (security) against missed payments. This method is usually more suited to larger loans. On the other hand there are loans that require no security; you do not need any assets, or property, to obtain this type of loan.
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