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What is the purpose of a debt consolidation loan? Reduce the interest rates on large purchase items. Pay off monies that are owed to multiple
What is the purpose of a debt consolidation loan?
Reduce the interest rates on large purchase items.
Pay off monies that are owed to multiple lenders.
Prevent lenders from reclaiming the purchased property.
Keep the length of the loan at a constant rate.
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
