Q&A: debt or bill consolidation for payday loans?

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Question by Ray S: debt or bill consolidation for payday loans?
any companies out there that will pay off payday loans under debt consolidation program

Best answer:

Answer by Pitty T
Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan. http://debt-trap.com/category/Debt-Consolidation-Basics.html

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