480aff71_n_vs__Debt_Consolidation_Loans__Comparison_Criteria
[Debt Consolidation] With debt consolidation, you do not borrow any money. Instead, all of your unsecured debts are consolidated into one monthly payment that is administered by your debt relief provider to the appropriate creditor(s), based on the debt consolidation plan you are enrolled in. [Debt Consolidation Loan] The goal of a debt consolidation loan is to use one loan to pay off your outstanding bills and debts, and to decrease your monthly payments by lowering your overall interest rate, and amortizing your debt over a longer period of time. [Comparison Criteria] 
How It Works
D e f i n i t i o n
H o w I t W o r k s
A d v a n t a g e s
D i s a d v a n t a g e s
T y p e s
R e q u i r e m e n t s
Debt Consolidation vs. Debt Consolidation Loans
Comparison Criteria