There are ads being run all over the radio and tv suggesting people get consolidation loans by combining their payday loans and all their other debt into one loan but does payday loan debt consolidation work on its own and would it be better to do it that way?
A bank or credit union debt consolidation loan is completely different from a payday loan consolidation loan and if you know the differences between the two you can save a ton of money by accomplishing the same goal of eliminating your PLD! (PLD is payday loan debt for short)
It is important to understand how consolidation loans work in different situations. let’s find out if indeed it would be better to isolate that payday loan debt!
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