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Debt consolidation allows you to take multiple debts and combine them into one, and you can do this with your creditcarddebt. Doing this makes managing the debt a little easier, and you may be able to get a lower interest rate. Table of Contents: What Is CreditCard Consolidation?
The consumer system is set up so that most purchases depend on applicant creditworthiness and a focus on being in debt responsibly. A high credit score will get you lower interest rates on major purchases, and a low credit score is a cause for worry because of higher interest rates.
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