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Debt consolidation can help you pay off debt faster and help you save money by lowering your interest rate, if you do it the right way. If you don’t do it the right way it can cost you more money and take you longer to pay off. Learn how to use debt consolidation the right way. #debtconsolidation #financialseeds

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Content by Craig Bailey, licensed financial advisor, creator of Financialseeds.net Bible-based financial advice for millennial couples.

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Meet Samantha, she’s only 21, but already she’s double her age in debt, that’s a staggering £42,000 accumulated in just 3 years. Anything she wants, she just has to have it. She’s engaged to be married, owns her own home, is on her 4th brand new car, and she still keeps spending. The only thing she doesn’t have is the cash to pay for it all. At just 21, Sam’s future is bleak.

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Debt consolidation is a debt relief option that rolls multiple debts into a single monthly payment. Learn how this can help you solved problems with debt caused by credit cards, student loans, and even back taxes. This video will help you understand this key debt solution so you can decide if consolidating debt is the right choice for you.

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