Debt consolidation

id: debt-consolidation-170-17798954
title: Debt consolidation
text: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a personal finance process of individuals addressing high consumer debt, but occasionally it can also refer to a country's fiscal approach to consolidate corporate debt or government debt. The process can secure a lower overall interest rate to the entire debt load and provide the convenience of servicing only one loan or debt. Debt consolidation is sometimes offered
brand slug: wiki
category slug: encyclopedia
description: Form of debt refinancing
original url: https://en.wikipedia.org/wiki/Debt_consolidation
date created: 2003-07-15T23:45:06Z
date modified: 2024-09-01T01:32:24Z
main entity: {"identifier":"Q15077505","url":"https://www.wikidata.org/entity/Q15077505"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/a/a0/Coin_of_Maximian.jpg","width":600,"height":587}
fields total: 13
integrity: 16

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