116
edits
Debt Relief:Definitions: Difference between revisions
→Consolidation
| Line 13: | Line 13: | ||
===Consolidation=== | ===Consolidation=== | ||
* | *The process of combining all debt into one sum and having only one payment. This may be helpful when there are multiple credit cards with high interest rates. Consolidation is used in other circumstances as well. | ||
===Bankruptcy=== | ===Bankruptcy=== | ||