answersLogoWhite

0

Bill consolidation helps a person to consolidate their debt loans by taking out one loan to pay off many other loans. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Finance
Related Questions

Where can a person learn about debt consolidation or how to consolidate debt?

To learn about debt consolidation spend some time researching the Internet or talking to an experienced person. Be sure to avoid scams and research the topic carefully.


How can I consolidate my medical bill debt effectively through a debt consolidation program?

To consolidate medical bill debt effectively through a debt consolidation program, you can combine all your medical bills into one loan with a lower interest rate. This can help you manage your payments more easily and potentially save money in the long run. It's important to research different debt consolidation programs and choose one that best fits your financial situation and goals.


Where can a person go to get tips on how to consolidate your debt?

There is a vast amount of information available to those who wish to learn how to consolidate ones debt. Some sites that offer great tips are the "Bills" website and the "Debt Consolidation Care" website.


How do you consolidate payday loans?

I would contact a debt consolidation company.


How is debt consolidation a good idea?

Trying to consolidate debt with bad credit is not a great idea. If your credit rating is low, it's hard to get a low-interest loan to consolidate debts, and while it might ...affordabledebtconsolidation


What is a debt consolidation loan company from the UK?

UK Debt Consolidation Services is one of the many companies in the UK which specializes in debt consolidations. They will help people consolidate their loans, often with a lower monthly payment.


Where can one get payday loan debt consolidation?

There are a number of websites that offer advice and help to people looking to consolidate their payday loan debts. Some examples of these websites include Pay Plan, Debt Consolidation Care and Payday Loan Debt Consolidation.


Where can one consolidate their Federal Student Loans?

One can consolidate their Federal Student Loans from the following sources: Debt Free Direct, Consolidation Loan Centre, Student Aid, Loan Consolidation, Fin Aid.


How does a bill consolidation service work?

A bill consolidation service works by allowing someone in debt to take all of their debts and consolidate them in to one loan. By doing this there is then only one interest fee and loan amount to be paid rather than numerous amounts to numerous creditors.


Where in Toronto can one obtain a personal loan to consolidate debt?

One can try obtaining a personal loan to consolidate debt in Toronto by going to any of the banks and applying for a consolidation loan. For example, the TD bank has a TD Debt Consolidation Loan program to make managing your debt easier and more convenient while lowering your regular payments.


Where can I get debt consolidation?

You can get credit score advice and debt consolidation information from your banker. They can order a credit bureau score for you and tell you what your score is, how to clean up your credit and perhaps lend you funds to consolidate and pay down the debt faster.


What does the Christian debt consolidation services do?

Christian debt consolidation services help honest Christians consolidate their debt into one easy payment per month. They use biblical principles of honesty and commitment to help those in need.