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Costs and savings potential of a debt consolidation

Costs and savings potential of a debt consolidation

  There are different reasons for consolidating an existing loan. For example, it turns out that, over the loan term of a home loan, the terms are more favorable elsewhere after a fixed term. Causes of over-indebtedness There are many reasons for over-indebtedness: indefinite reasons are most often responsible for over-indebtedness, but unemployment and illness are also often causes. Especially problematic is over-indebtedness, if it results from an inefficient housekeeping or a failed self-employment. This is often preceded by the inclusion…

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